Low (Zero) Emission Vehicle Market (2012 - 2017) - By Degree of Hybridization &
Type of Traction Battery Used - Global Forecast, Trends & Analysis
The most widely used batteries for low emission vehicle market are lead-acid batteries,
Nickel-Cadmium...
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Low (Zero) Emission Vehicle Market (2012 - 2017) - By Degree of Hybridization &
Type of Traction Battery Used - Global Forecast, Trends & Analysis
The most widely used batteries for low emission vehicle market are lead-acid batteries,
Nickel-Cadmium batteries (NiCad), metal hydride batteries (NimH), and lithium ion
batteries.
Till date, the mass produced FHEV cars have been powered by nickel metalhydride (NiMH) batteries.
However, there are certain noticeable rapid shifts in consumption
pattern of batteries used for HEVs.
Due to high energy density of lithium ion battery, loads
of FHEV manufacturers such as Honda Motors (Japan) and Ford Motors (Germany) will be
switching over to the lithium ion battery for FHEV.
As an outcome, lithium ion battery is
expected to capture the lion’s share in automotive battery market by 2017.
The global low emission vehicle market was valued $21.
13 billion in 2011 and is expected to
grow from $27.
45 billion in 2012 to $103.
13 billion by 2017 at an
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