22 Jul '11, 7pm

Too many batteries, not enough sales could be a big plug-in problem

Too many batteries, not enough sales could be a big plug-in problem

Too many batteries, not enough sales could be a big plug-in problem A plug-in battery bubble is primed to burst Significant amount of losers to be shaken out of battery industry For years now a number of battery studies have suggested that the battery industry will eventually hit a time of serious over-production, as newcomers and established players race to battery-powered dominance, but overshoot market needs. The result, claim the forecasts, could be a glut of batteries, industry consolidation, and a lot of bankruptcies. Lux Research is the latest to address this issue claiming that a “severe mismatch” is building between battery supplies and actual demand. According to Lux, even $200 oil wouldn’t be enough to address the over-capacity that is now building. So, which companies are shaping up to be winners and losers? According to Lux, LG Chem, SB LiMotive, and Chinese m...

Full article: http://www.hybridcarblog.com/too-many-batteries-not-enoug...

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