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The Automotive Lithium ion Battery market is a subset of the Automotive Battery market, which is composed of batteries used to power vehicles. Automotive Lithium ion Batteries are a type of rechargeable battery that uses lithium ions as the main component. They are becoming increasingly popular due to their high energy density, low self-discharge rate, and long cycle life. Automotive Lithium ion Batteries are used in a variety of applications, including electric vehicles, hybrid electric vehicles, and plug-in hybrid electric vehicles. They are also used in start-stop systems, which are designed to reduce fuel consumption and emissions.
The Automotive Lithium ion Battery market is highly competitive, with a number of companies offering a range of products. Some of the major players in the market include Panasonic, LG Chem, Samsung SDI, BYD, and Contemporary Amperex Technology. Show Less Read more