Fabled Silver Gold Corp T.FCO

Lower Cost Li-Ion Batteries Boost Electric Vehicles

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"While new battery chemistries are now being tested, and could make their way into market in the coming years, the focus through the early 2020s will remain on further lowering costs and improving the energy density (and resulting vehicle range) of Li-ion batteries." ... " The global market for Li-ion batteries for HEVs and PEVs in automotive applications is expected to grow at a 2015-2020 compound annual growth rate (CAGR) of 32% in energy capacity, to 61.3 GWh. The majority (72%) of demand for Li-ion EV batteries will come from BEVs due to the larger battery packs typical of those vehicle types." Lower Cost Li-Ion Batteries Boost Electric Vehicles---https://theenergycollective.com/frank-swigonski/2324606/lower-cost-li-ion-batteries-boost-electric-vehicles