Future Of Portable Power For Distribution

i. The proliferation of portable electronics and the development of battery technologies are driving the future of portable power. Secondary batteries like lithium-ion that are rechargeable have seen phenomenal growth. ii. Key factors driving the intensified green car movement are increased environmental awareness and rising oil prices. Hybrid and electric vehicles are becoming more popular as battery technologies improve. iii. While electric vehicles and batteries are improving, high battery costs remain a challenge. However, more automakers and battery companies are partnering to develop affordable electric vehicles. Increased production is expected to help lower costs over time. iv. The development of batteries for electric vehicles is also driving battery innovations for other applications like consumer electronics, medical devices, power