A li-ion battery is used as a power source in AEVs. In HEVs, it is used as an alternative source of power, and in BEVs and PHEVs, it is used as primary sources of power. BEVs and PHEVs use an electric motor for the engine propulsion, which is powered by a li-ion battery. The application of li-ion battery is high in BEVs and PHEVs, because of its high energy density and long life span compared to other available rechargeable batteries. HEVs use both IC engine and electric motor for propulsion. The use of two fuel systems makes HEVs expensive, efficient, and preferred choice among end-users. In addition, the use of battery-operated vehicles helps to reduce carbon emissions and dependence on other fossil fuels.
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Reportstack Market Research
