Emission Vehicle Market Worth $103.13 Billion by 2017
"...the global low emission vehicle market was valued $21.13 billion in 2011 and is expected to grow from $27.45 billion in 2012 to $103.13 billion by 2017 at an estimated CAGR of 30.3% from 2012 to 2017. 826.8 thousand low emission vehicle were shipped on a global level for 2011 and the number is expected to reach 3532.1 thousand units by 2017, at an estimated CAGR of 27.8% from 2012 to 2017."
The EV market is about to go exponential and that alone will drive huge growth in the graphite market.
Lithium-ion is the battery of choice and graphite the anode of choice with currently 50kg of spherical graphite in each battery. Anode development is heading towards graphene which will ensure demand for coarse flake graphite continues exponentially with no competing material taking over!
ev market worth $103.13 billion by 2017
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