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According to the CHR Metals limited forecast, 20% of all sold new cars by 2025 will be electric vehicles. The demand is stimulated with government subsidies, environmental regulations, electric vehicles price and charging time reduction. Electrical motorcycles and tricycles are on demand.
Professional conference of the battery manufacturers and suppliers was held last September. Representatives of Ipower LLC attended a conference in Vienna and have prepared for publication a series of analytical materials on the prospects for the development of battery Industries.
This information was published by Future Market Insights in its’ latest report “Lead Acid Battery Market: Pacific Rim, Latin America, Japan, Middle East & Africa Industry Analysis and Opportunity Assessment 2014 – 2020”.