Case Study

Better batteries power the world’s electronics

Better batteries power the world’s electronics

Pages 2 Pages

Customer Story Better batteries power the world’s electronics According to research and consulting firm Frost and Sullivan, between 2012 and 2016 the lithium-ion battery industry doubled in growth, reaching $22.5 billion. And with lithium-ion batteries now powering smartphones, laptops, smart watches, drones, robots, automobiles and energy grids, among others, projections show that in the next few years, it will surpass $70 billion. In the face of fast-growing demand, China has become a global leader in the lithium-ion battery market. At the center of this growth is Hong Kong-based Amperex Technology Ltd. (ATL). In 1999, ATL’s founders foresaw the demand for mobile electronic-communications accessories, including lightweight, reliable, rechargeable batteries. They resolved to e

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