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Plug-in vehicle batteries market soars, says report

Wed, 05/07/2014 - 14:28 -- David Appleyard
Plug-in and hybrid battery market to soar

The market for batteries for hybrids and plug-in vehicles is growing fast, more than tripling over the past three years to reach 1.4GWh per quarter, according to a new report from Lux Research.

Led by US demand, batteries for plug-ins and hybrids were a $660m market in the first quarter of 2014.

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