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secondary lead battery

German lithium-ion battery market grows in 2019 while lead battery sales slump

Thu, 07/02/2020 - 10:53 -- Paul Crompton

Germany’s secondary lead battery production fell for the second year in a row, according to the German Electrical and Electronic Manufacturers' Association (ZVEI).

As well as lead battery manufacturing falling 3% year-on-year to €1.5 billion ($1.7 billion) last year, imports also slumped to a three-year low as the market slipped 8% to €940 million ($1 billion), reported the association.

This was despite Germany’s overall battery market rising to €4.2 billion ($4.7 billion), of which lithium-ion had a market share of €1.6 billion ($1.8 billion), an eightfold increase since 2013.

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