Global hybrid electric vehicle battery market to grow 25.2 percent annually through 2015

July 19, 2012
Key to this market growth is the increased awareness of the need to reduce vehicle emissions, combined with increasing awareness for the need for energy independence.

As many of the world's leading experts on battery technology meet in Boston for the Next Generation Batteries 2012 Conference, new market research forecasts growth in a very important segment of the market: electric vehicle batteries.

Global Hybrid Electric Vehicle Battery Market 2011-2015

The Global Hybrid Electric Vehicle (HEV) Battery market is forecast to grow at an astonishing 25.2 percent CAGR between 2011 and 2015. Key to this market growth is the increased awareness of the need to reduce vehicle emissions, combined with increasing awareness for the need for energy independence. However, limited performance of HEVs could pose a challenge to the growth of this market.

This report addresses many areas of concern critical to companies operating in the batteries, vehicle construction, and automotive parts industries, including: the size and growth rate of the market; key trends, drivers, and challenges to market growth; major vendors and suppliers in the market space; and the strengths, weaknesses, opportunities, and threats faced by these players.

An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/infi247085-global-hybrid-electric-vehicle-battery-market-2011.html

Business Strategy: Repurposing EV Batteries for Stationary Applications - Process, Pain Points, Price, and Projects

The recent media firestorm that surrounded Apple when they withdrew from the EPEAT standards over battery recyclability serves as a reminder that the end of a product's life cycle isn't necessarily the end point for the products components. New market research from IDC explores the concept of repurposing electric vehicle batteries for stationary applications. The repurposing of electric vehicle batteries offers an opportunity for future buyers and current owners to get value from the devices after they've left the vehicle. IDC Energy Insights predicts that the batteries will be available for between $50 and $150 per kWh by 2020.

While it may take another decade before the cars these batteries belong to are retired from the road, auto manufacturers, parts suppliers, and regulators need to be thinking now about how to build longer-term life into the batteries, in order to protect residual value and guard against potential firestorms like the one Apple is currently weathering.

An Executive Summary of this analysis and a free sample of the full report are available at http://www.giiresearch.com/report/ener247021-business-strategy-repurposing-ev-batteries.html

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