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Worldwide Capacity for Lithium-Ion Battery Production to Increase Tenfold by 2020

Today’s future prediction post is here and this one’s a capacity is king in the battery world.
This Here is the Lithium-Ion Battery Pack That Powers the Upcoming BMW i3

This Here is the Lithium-Ion Battery Pack That Powers the Upcoming BMW i3

According to a report from Navigant Research, lithium-ion battery technology isn’t disappearing anytime soon. Evidence of that is in Navigant’s prediction that the total worldwide capacity (calculated in kWh) of lithium-ion batteries used in transportation applications will soar to 49,ooo MWh by 2020. That’s ten times the capacity of 4,400 megawatt-hours (MWh) expected to be produced in 2013.

David Alexander, senior research analyst with Navigant Research, had this to say of the findings presented in the report:
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