NEW YORK, NY–(Marketwire - March 9, 2009) - Whether it is a battery for a hybrid or electric vehicle, the latest laptop, or backup power for a remote telecommunications site, everyone wants a battery that has the highest energy density, best safety factor, and longest life in term of discharge cycles and ease of maintenance while still being environmentally friendly.

These are the drivers behind rechargeable battery research around the world today, notes industrial market research publisher SBI in the brand-new report, “Advanced Rechargeable Battery Market: Emerging Worldwide Trends and Opportunities.” Rechargeable batteries, also known as storage batteries, are a continuing strong market, with worldwide sales of $36 billion in 2008. SBI forecasts that the rechargeable battery market will rise to $51 billion by 2013. (more…)

LOS ANGELES, CA–(Marketwire - December 9, 2008) - With the recent drop in the price of oil, new doubts have been cast over the future of hybrid and electric vehicles. Many manufacturers and designers of electric vehicles have faced technical and financial challenges in the past few months. Such challenges combined with large capital investments in research and development necessary for these cars, have prompted some analysts to predict a reversal of the trend towards green vehicles. (more…)