$GPNE Graphite for Lithium-Ion and Fuel Cell Mar
Post# of 98044
Fast-Growing Applications for Battery-Powered Products
• Graphite is the preferred anode (positive electrode) material with up to 10kg of graphite needed in a Hybrid Electric Vehicle (HEV) and up to 70kg of graphite needed for an Electric Vehicle (EV)
• Substantial demand for new graphite production needed to power batteries
• Li-Ion market growing as a result of consumer electronics, fuel cells for HEV, Plug-In HEVs and EV vehicles and energy storage
• Estimates for size of Li-Ion markets estimated at ~$250B by 2020
• Major US and Global car manufacturers are increasing production of HEV, PHEV and EV vehicles
• Nickel hydride batteries are being replaced with Li-Ion power sources due to cost improvements
http://content.stockpr.com/nextgraphite/media...901c4d.pdf