Lux Research: Battery Market for Plug-in Vehicles to Rise to $10 Billion in 2020

Lux Research released a new lithium-ion battery market forecast, predicting that in 2020 sales will reach $10 billion. Of note, about 90% of the plug-in car sales are forecast to come from six automotive manufactures: Tesla (between 30 to 40% of the market), BYD, Volkswagen, GM, Renault-Nissan and BMW. Most… …read more