Lithium Ion Batteries Price to Drop One-Third by 2017

Pike Research reported that lithium ion battery prices will drop by more than one-third by the year 2017.

As quoted in the market news:

In terms of revenue, the market for Li-ion batteries for transportation will grow from $2.0 billion annually in 2011 to more than $14.6 billion by 2017, the cleantech market intelligence firm forecasts.

Click here to read the full Pike Research report.