30 Jul '11, 4pm

Lux Research ranks LG Chem tops in lithium-ion battery industry

Lux Research ranks LG Chem tops in lithium-ion battery industry

Lux Research Ranks Energy Storage Suppliers for Electric Vehicles The Lux Innovation Grid shows the top innovators, as looming oversupply of batteries makes forming smart partnerships essential. BOSTON--(BUSINESS WIRE)--The hype around electric vehicles has fueled interest in energy storage technologies, and has attracted an increasing number of competitors to an already crowded market. Soon, it will be impossible for all of these companies to survive, making strong partnerships a necessity. In its latest report, Lux Research ranks technology developers in both Li-ion batteries and supercapacitors on the Lux Innovation Grid to help determine which will make the strongest potential partners as the electric vehicle market matures. "The electric vehicle value chain is growing so integrated that battery makers must have strong partnerships with one or more automakers" The repo...

Full article: http://green.autoblog.com/2011/07/30/lux-research-ranks-l...

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