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lithium-investing

Cars to Surpass Laptops as Largest Li-ion Battery Market

Investing News Network
Aug. 18, 2011 03:30PM PST
Battery Metals Investing

Gigaom.com reports that according to a report by IHS, by 2015, carmakers will take over laptop computer manufacturers as the biggest customers of lithium-ion batteries.

Gigaom.com reports that according to a report by IHS, by 2015, carmakers will take over laptop computer manufacturers as the biggest customers of lithium-ion batteries.

The market news is quoted as saying:

Sales of lithium-ion batteries for cars are set to reach $11.9 billion by 2015, when notebooks will account for $6.6 billion, said Jonathan Cassell, a spokesman for IHS. The batteries also are commonly found in cell phones, but IHS declined to provide figures for this segment.

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