auto batteries

Batteries are now one of the most ubiquitous products on the planet with more than 70-billion produced every year with a value in excess of $38 billion. Electric hybrid vehicles have demonstrated the ability to get 50 to 60 miles per gallon using a combination of batteries and small internal combustion engines. In the U.S., the market for hybrid vehicles has been growing at an annual rate of 80％. The battery electric vehicle has found a myriad of uses, from delivery vans to commuter cars, urban buses to utility vehicles. More than a million are on the road in Asia. The size of the market in 2006 was estimated at a little more than $2 billion, and should nearly double by 2011. An increasing share of market is now controlled by foreign-invested companies, who have developed a strong presence in this market since China’s entry into the WTO. Leading foreign suppliers in this market include Delphi, Johnson Controls, and C&D, along with several top domestic suppliers.