Automotive Sector, Lithium-Ion Battery Market

USA – Lithium-ion batteries are the source of choice of power for electric vehicles around the globe. The widespread use of electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) has inevitably boosted the adoption of lithium-ion batteries, which is expected to increase further in the future. The growing adoption of EVs among consumers has helped boost the market for these energy-saving, pollution-reducing vehicles. [Read more…]