Pedal to the Metal: Firms Target Lithium Batteries

Chemical companies developing and supplying materials for the lithium-ion batteries market including BASF, Dow Chemical, DuPont, Evonik Industries, and Süd-Chemie are confident that they are about to experience a period of strong sales growth in this sector. Rapid growth in the sale of electric vehicles is one reason why the batteries market is about to change, according to BCC Research (Wellesley, MA), a market research group. BCC, in a report published earlier this year, predicts that the global market for electric vehicles will increase at a compound...

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