BATTERIES FOR ELECTRIC VEHICLES

BATTERIES FOR ELECTRIC VEHICLES IN ISRAEL

BATTERIES FOR ELECTRIC VEHICLES IN ISRAEL

 

ECOSYSTEM - Full Scale Industry: Batteries For Electric Vehicles Companies and Startups (% Increase Rate)

 

over 60 Israeli companies manufacture aftermarket products for the automotive industry. These include spare parts and accessories such as batteries, ventilation and air-conditioning systems and more. Electric Vehicles and Batteries Companies constitute 15% of the companies operating in the Smart Car industry in Israel.

 

 

 

 

BATTERIES FOR ELECTRIC VEHICLES INDUSTRY - GLOBAL PERSPECTIVE

graf: Electricity Prices (Euro Cents / kWh)The Israeli electric vehicles market is boosted by continuous low electricity prices. The low prices, among the lowest in Europe, derive from low transmission and distribution costs compared to other countries. this economic advantage promises a bright a

.graf) BATTERIES FOR ELECTRIC VEHICLES INDUSTRY GLOBAL PERSPECTIVE - In 2010, the number of electric vehicles used in the world was close to zero, while in 2016 it jumped to about 2 million. International organizations estimate that by 2020 at least 9 million electric vehicles will be sold) The most common batteries used in electric vehicles are lithium-ion batteries. The global lithium-ion battery market was estimated at about $31B in 2016, and is expected to grow by 13.7% between 2017 and 2022 and generate revenues of $68B by the end of 2022.

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