BATTERY TECH USA 2022 - Similar companies

This year’s BATTERY TECH USA 2022 is set to become the world’s leading exhibition and conference exclusively for battery tech ... nology innovators and manufacturers to meet and collaborate with a large array of automotive manufacturers, and to examine new methods and technical know-how to address the specific challenges associated with extending battery life for next-generation electric vehicles. The world's fleet of electric vehicles grew to over 5 million units last year. Within a decade, there will be enough electric cars on the road for every person in California, as global electric vehicle ownership is estimated to reach 40 million units by 2025. China posted the largest electric vehicle growth rates followed by the United States, with electric vehicle sales more than doubling from the previous year. Spurred by policies that encourage drivers to purchase clean-running cars, the uptake of electric vehicles is still largely driven by the policy environment, as the top 10 leading countries in electric vehicle markets all have a range of policies to promote electric cars with the US, Europe and China being the biggest takers. For China, credits and subsidies will help EVs grow to account for more than a quarter of the car market by 2030. Meanwhile, tightening emissions standards and higher fuel taxes in Europe boost electric vehicles. The development of battery technologies and battery management systems relies on the latest in research and design, manufacturing processes, and technical know-how to develop robust and reliable electric components to support the next generation of electric vehicles. While overall battery costs are falling, government policy remains critical to making EV & HEVs attractive to drivers, encouraging investment and helping carmakers achieve economies of scale. read more