Batteries set to become $60 billion industry by 2013

Posted by Going-Electric on 14/08/09
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“So far in 2009, battery companies have received over $600 million in venture capital funding, compared with $478 million garnered for 2008, according to research analyst Lux Research.

The investment isn’t without reason. In a report released Tuesday, Lux predicted that the energy storage market will grow to become a $60 billion industry by 2013.”

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Source: cnet news

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