The Li-ion battery revolution, how to invest in the trend

Lithium ion battery market to see exponential growth Li-ion batteries are being used in many applications from Electric Vehicles, mobile phones, Laptops, digital cameras, power tools, Energy storage systems and many more. The Global lithium ion battery market was valued at $30,186.8 million in 2017 with projections to grow at a CAGR of 17.1% from 2018 to 2025 reaching $100,433.7. Lithium-ion (Li-ion) batteries are rechargeable batteries with high-energy density and is used predominantly in portable equipment. Exponential growth in use of these batteries is expected due to the increase in…

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