Global Next-Generation Battery Market to Grow at a CAGR of 71.2% During Forecast 2016-2020
The next-generation batteries are rechargeable poly-lithium-ion batteries, advanced lead-acid and flow batteries. They find applications in the automotive and EV industry along with the grid-tied storage energy market. Next-generation batteries possess some exceptional properties such as lightweight and enhanced safety features due to which they are gaining acceptance over the conventional batteries.
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