Industrial Minerals


New Li-ion battery forecast

27 April 2010

by Mark Watts

Frost & Sullivan sees “explosive growth” in sector; $1.76bn. battery sales forecast

Keywords: lithium, lithiumion, Li-ion, batteries, electric vehicles, hybrid electric vehicles

A new report by Frost & Sullivan (F&S) has predicted “explosive growth” in the market for lithium-ion (Li-ion) batteries starting in 2012-13, driven by increased use in electric vehicles (EV) and hybrid electric vehicles (HEV).

Demand for Li-ion batteries...