Stepwise innovation
Battery market update: Battery innovation will proceed due to both private and public investments, but guided by stepwise innovation introduced by legacy battery vendors, says Pike Research analyst Brittany E. Gibson.
In the wake of the A123 Systems bankruptcy one might be eager to draw conclusions about the broader battery industry or the viability of lithium-based batteries. The decline of A123 Systems certainly raises challenging questions about the costs and risks associated with advanced battery development and the role that battery start-ups will play in the …
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