The use of lithium batteries in new energy vehicles will exceed portable devices

Lithium can be used in batteries, ceramic glass, lubricants, medicine, polymers, aluminum alloys and other fields. Lithium batteries have recently been used in new energy vehicles and are expected to be more widely used in the future. Lithium batteries use rare metals such as lithium and cobalt, which are expensive and can overheat if they are overcharged. But they are light in weight and large in capacity. Many portable devices and power tools are in use. The United States and the European Union are working to reduce their dependence on oil and reduce greenhouse gas emissions by limiting fuel consumption and carbon dioxide emissions. Environmental restrictions and vehicle subsidies have led to an early rise in the new energy vehicle market. The average annual growth rate is as high as 31%. It is expected to reach 14 million vehicles by 2020, accounting for 19% of the global new vehicle sales market. The secondary battery industry, which is rapidly developing in the portable device market such as mobile phones and notebook computers, is expected to have a second major leap forward in the new energy vehicle market. With the rise of plug-in vehicles and electric vehicles, the automotive lithium battery market is expected to rise from US$730 million in 2010 to US$40.1 billion in 2020. The world's top ten automakers will establish strategic partnerships with secondary battery manufacturers to promote the supply of lithium batteries. Panasonic (Panasonic) and Sanyo (sanyo) took the lead in launching, LG Chem (LGchem) and Samsung SDI (samsungSDI) also quickly responded to the automotive lithium battery market through supply agreements and strategic partnerships. Disclaimer: Some pictures and content of articles published on this site are from the Internet. If there is any infringement, please contact to delete.