A123 Systems, LLC, Blue Energy Ltd., and Deutsche ACCUmotive GmbH & Co. KG are three key vendors highlighted in a new Technavio report
London, 13 July 2015 – Technavio has published a new report on the Lithium-ion battery market for EVs in Norway, which is expected to grow at a CAGR of more than 44% from 2015-2019.
Lithium-ion battery market segmentation including vehicle type and demand
Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different EVs, including plug-in hybrid electric vehicles (PHEV) and battery electric vehicles (BEV).
The new Technavio report focuses on the huge investments in charging stations the Norwegian government is undertaking to increase sustainability of battery-operated vehicles.
“The success of electric vehicles depends mainly on the performance of the battery and the charging infrastructure,” says Faisal Ghaus, Vice President of Technavio.
Lithium-ion battery: Market scope and calculation of market size
In this report, Technavio covers the present scenario and growth prospects of the lithium-ion battery market for EVs in Norway from 2015-2019. We have considered only cars under the EVs and their overall market demand based on the sales of PHEVs and BEVs to calculate the market size.
Industry analysis includes:
Key Vendors:
- A123 Systems, LLC
- Blue Energy Ltd.
- Deutsche ACCUmotive GmbH & Co. KG
- Johnson Matthey Battery Systems
- Johnson Controls Inc.
- LG Chem Ltd.
- Li-Tec Battery GmbH
- Panasonic Corp.
- Primearth EV Energy Co.
- Toshiba Corp.
Market Growth Drivers:
- Government Initiatives
- Stringent Emission Legislations
Market Challenges:
- Long Charging Time
- Competition from ICE Vehicles
Market Trends:
- Increased Investment in Charging Infrastructure
- Advances in Technology
View the Lithium ion battery market for EVs in Norway report.
https://www.technavio.com/%3Cp%3E%3Cstrong%3E%3Ca%20href%3D%22http%3A//ww…
