Saad Lambaz, Global Standards Manager, Electronics, discusses the history and challenges of the Li-Ion battery technology. According to Market Reports Online, Yahoo Finance, the expansion of lithium demand is hindered by life span, charging time, specific energy and specific power and safety issues. The opportunity in the global lithium-ion battery market is poised to rise from US $29.68 bn in 2015 to US $77.42 bn in 2024, registering a strong CAGR of 11.6% therein.
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