<DIV class=ContentEditor> <H1 id=skiplinks>Lithium batteries market and electric vehicles</H1></DIV> <DIV class=&quot;page-element-outer object-properties style-alpha&quot;> <DIV class=&quot;clear page-element-inner&quot;><SPAN class=categories><SPAN class=pretext>First published</SPAN><SPAN class=output>on www.ITSInternational.com</SPAN> </SPAN></DIV></DIV> <DIV class=ContentEditor>According to a new report published by Allied Market Research, the global lithium-ion battery market is expected to generate revenue of US$46.21 billion by 2022, with a CAGR of 10.8 per cent during the forecast period (2016-2022).<BR><BR>The report indicates that the market for these batteries is expected to witness notable growth because of their increasing application in the automotive sector. Additional key factors contributing to the increasing demand of lithium is the growing use of portable electronic devices such as smartphones, tablets, and others; stringent government regulations aimed at reducing the increasing pollution levels; and enhanced efficiency of lithium-ion batteries. <BR><BR>From a growth perspective, the automotive sector would be the most prominent user of these batteries and is anticipated to witness the highest CAGR of 13.6 per cent during the period. </DIV> <P>&nbsp;</P> <P>&nbsp;</P> <P>**원문보기</P> <P><A href=&quot;http://www.itsinternational.com/sections/general/news/lithium-batteries-market-and-electric-vehicles/&quot; target=_blank>http://www.itsinternational.com/sections/general/news/lithium-batteries-market-and-electric-vehicles/</A></P>