55% annual increase in lithium-ion battery installations will bring 800% increase by 2022

Lithium-Ion Battery Installations Forecast to Grow 55% a Year Through 2022 Global lithium-ion battery deployment will grow by an average of 55 percent per year over the next five years according to a new forecast from GTM Research. The market is starting from a small baseline and heading into a period of surging demand for electric vehicles and battery storage systems. (Greentech Media)

Lithium-ion battery deployments to increase 800% from 2017 to 2022 by , Aug. 23, 2018