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Research and Markets: Li-ion Battery Market for EVs in Norway 2015-2019 - Market to Grow at a CAGR of 44.6%
[September 16, 2015]

Research and Markets: Li-ion Battery Market for EVs in Norway 2015-2019 - Market to Grow at a CAGR of 44.6%


Research and Markets (http://www.researchandmarkets.com/research/f9s5lb/liion_battery) has announced the addition of the "Li-ion Battery Market for EVs in Norway 2015-2019" report to their offering.

The Li-ion battery market for EVs in Norway to grow at a CAGR of 44.6% over the period 2014-2019.

The report, Li-ion Battery Market for EVs in Norway 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The government is investing considerably in charging infrastructure to increase EV penetration. As of 2014, there were around 5,700 charging points in Norway, out of which 1.8% are fast chargers. We expect these to multiply during the forecast period. Tesla Motors is working to install 120kW super chargers through main traffic corridors, which charge 50% of the battery in 20 minutes. About 14 super charging stations are already installed in Norway, Germany, the Netherlands, Austria, and Switzerland. The author estimates the numbers to increase significantly during the forecast period.



According to the report, the market for EVs in Norway will likely grow rapidly on the back of growing consumer awareness and aggressive government targets surrounding environmental wellbeing, leading to an increase in demand for Li-ion batteries. Norway was one of the largest markets for EVs in Europe in 2014.

Further, the report states that the lack of effective charging infrastructure and stretched charging cycles may hamper market growth during the forecast period.


Key Vendors

- A123 Systems

- Blue Energy

- Deutsche ACCUmotive

- Johnson Controls

- Johnson Matthey Battery

- LG Chem

- Li-Tec Battery

- Panasonic

- Primearth EV Energy

- Toshiba (News - Alert)

Other Prominent Vendors

- AESC

- BYD

- China BAK Battery

- Hitachi (News - Alert)

- SAFT

- Samsung SDI

For more information visit http://www.researchandmarkets.com/research/f9s5lb/liion_battery


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