E.J. Spek, Chief Engineer, TÜV SÜD Canada, Inc.
Customers of car companies have come to expect vehicles that are considered safe, according to a catalog of standards. Hybrid, plug-in hybrid and battery electric vehicles are and will be subject to the same expectations. Read more about Making Lithium-Ion Abuse Tests Meaningful …
Paul Goossens, Vice President, Engineering Solutions
Demand growth for rechargeable batteries in products such as portable electronic devices, electrified vehicles (EVs) and decentralized power utilities (smart grids) is nothing short of robust. With forecasted annual growth pegged at 8 percent by the Freedonia Group, the global battery market will reach almost $74 billion this year. Rechargeable batteries will account for about 82 percent of that, or $60 billion, according to market researcher Frost & Sullivan.