Electric Car and Hybrid Car Sales will Triple in Next Six Years
Pike Research’s John Gartner forecasts that global sales of hybrid and electric cars will grow from 995,000 in 2011 to 2,870,000 in 2017. Half the hybrid cars and all of the EVs will use lithium battery packs by 2017. In fact, the latest hybrid cars from Ford, Buick, Honda, Hyundai and Kai use lithium batteries. In six years, cars with advanced batteries will triple and lithium automotive battery packs will grow over 100 fold.