Chinese Li-ion Market to Reach $9.2 Billion in 2016

Written By Thomas Ponco on Tuesday, August 14, 2012 | 10:30 PM

The first Sports Cars are considered to be (though the term would not be coined until after World War One) the 3 litre made in 1910 Vauxhall 20 hp (15 kW) and 27/80PS Austro-Daimler (designed by Ferdinand Porsche).

Published August 15, 2012


By Philippe Crowe


While Bob Lutz expresses words of concern about the Chinese buying their way into battery manufacture here in North America, Lux Research of Boston, MA, predicts the Chinese lithium-ion battery market will nearly double to $9.2 billion in 2016.



Lux Research expects the volumes grow 129 percent to 44.3 Gwh in 2016.



This impressive growth will occur even though demand for emerging electric vehicles will still trail government’s ambitious projections, Lux Research reports.



The compound annual growth rate (CAGR) for battery volumes will be 18.2% while revenues – pegged at $5.0 billion in 2011 – grow at a slower rate of 12.8% as average selling price dips 20 percent to $207 per kilowatt-hour (kwh) in 2016.



“The consumer electronics market continues to dominate the Li-ion battery market but emerging applications are where the hype is and where policy is being focused,” said Zhuo Zhang, Lux Research Associate and the lead author of the report titled, Hype vs. Policy: The Chinese Market for Lithium Batteries. “The markets for electric bikes and electric vehicles are anticipated to grow fast in a few years but less than 100,000 new-energy vehicles will be sold in 2016, a far cry from the seven-digit target that has battery developers salivating,” Zhuo added.



Among the reports’ findings:



Electric bikes will grow the fastest.


Some 57 percent of the 32 million electric bikes produced in China in 2016 will use lithium-ion batteries, compared with a mere 3 percent in 2011.



$14 billion opportunity lies in telecom base stations.


Telecom base stations are set for a quick policy-driven transition from lead-acid batteries to lithium-ion batteries. The 714,000 base stations in China, aggregated across three massive telecom entities, have been tasked to replace all lead acid, creating a $14 billion opportunity.



Chinese companies eye VC-backed startups.


Foreign venture-capital-backed start-ups will become Chinese companies’ acquisition targets as they struggle to achieve technological breakthroughs. The likes of Boston Power, Ener1, and Altair Nanotechnologies have already cut deals with Chinese partners.



The report, titled “Hype vs. Policy: The Chinese Market for Lithium Batteries,” is part of the Lux Research China Innovation Intelligence service.






List of sports cars Chinese Li-ion Market to Reach $9.2 Billion in 2016 A car may be a sporting automobile without being a sports car. New sports cars Chinese Li-ion Market to Reach $9.2 Billion in 2016 Performance modifications of regular, production cars, such as sport compacts, sports sedans, muscle cars, hot hatches and the like, generally are not considered sports cars, yet share traits common to sports cars. They are sometimes called " Affordable Sports Cars Chinese Li-ion Market to Reach $9.2 Billion in 2016" for marketing purposes for increased advertising and promotional purposes. Performance cars of all configurations are grouped as Sports and Grand tourer cars or, occasionally, as performance Cheap Sports Cars Chinese Li-ion Market to Reach $9.2 Billion in 2016.

You are now Read Chinese Li-ion Market to Reach $9.2 Billion in 2016 And The Link for this article is http://esportscars.blogspot.com/2012/08/chinese-li-ion-market-to-reach-92.html
Enjoy The Article Chinese Li-ion Market to Reach $9.2 Billion in 2016.