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Marina Schwarz

Battery Forecasts

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Is it me or are battery demand forecasts getting wilder and wilder? It looks like everyone with 'research" in its name is rushing to outforecast all the others. Here's the latest: The use of lithium-ion batteries by automakers is expected grow seven-fold by 2025, helped mainly by their dropping costs as well as by subsidies and incentives in many countries, particularly in China, to encourage sales of electric vehicles (EVs).

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