Battery Fires Haunt the Electric Car and Clean Power Revolution
(Bloomberg) --
Batteries are here to stay. Global passenger EV sales may reach almost 5.6 million units in 2021, up about 83% from 2020, thanks to high sales of electric cars in China and Europe, BloombergNEF said in a report published last week. The global energy storage market is also on track to install 11 gigawatts by year end The U.S. will see the biggest growth through 2025, led by installations in California, Texas and the Southwest.
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