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home / news releases / PCRFY - Lithium-Ion Batteries: Power Play

PCRFY - Lithium-Ion Batteries: Power Play

Panasonic Corp ADR
  • The demand for large-scale battery storage, shift to EVs, and growth in consumer electronics have increased the demand for lithium-ion batteries.
  • The current battery cost for EVs is $156/kilowatt-hour. Analysts estimate that the cost will drop to $100/kilowatt-hour in 2024.
  • Though 2020 is likely to be a dull year, activity in this segment is set to grow exponentially once the virus is contained.

For further details see:

Lithium-Ion Batteries: Power Play
Stock Information
Company Name: Panasonic Corp ADR
Stock Symbol: PCRFY
Market: OTC
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