Lithium-Ion batteries to Reign Auto Space

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"If the electric car market is a Daytona 500 race, it's only on its first lap. Will the industry speed ahead and power a growing lithium market? An IHS report gives a resounding 'yes.'"

GigaOm, Ucilia Wang

If the electric car market is a Daytona 500 race, then the market is only on its first lap. Will the industry speed ahead and provide a big market for lithium-ion batteries? A report by IHS on Monday gives a resounding "yes" and predicts that carmakers will take over laptop computer manufacturers as the biggest customers of lithium-ion batteries by 2015.

The report contends that lithium-ion battery prices will fall quickly to make them the top choice for electric cars in the next 10 years. . .View full article

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