Navigant expects global market for automotive Li-ion batteries to hit $30.6 billion in 2024; almost 4x 2015 market

Green Car Congress
By mmillikinAug 20, 2015, 10:13 am194 pts
In a new report, Navigant Research forecasts the global market for Li-ion batteries in light duty and medium/heavy duty vehicles will almost quadruple from $7.8 billion in 2015 to $30.6 billion in 2024. This figure could be higher if emerging 48V micro-hybrid technology delivers on its promise of fuel…

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