Thursday, January 26, 2012
Demand for Li-Ion batteries explodes by 447%
International production of lithium-ion batteries will practically quadruple in 2012 to feed increasing demand generated largely by plug-in vehicles according to investigation firm IDC Power Insights, Framingham MA.An IDC Power report, Enterprise Strategy: Lithium Ion Manufacturing Global Buildout - Supply and Demand Forecasts expects worldwide growth of 390% from 6,689MWh in 2011 to 26,149MWh in 2015.This explosive growth is becoming driven by the need to have for batteries in plug-in
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