Samsung SDI A Play On The Electric Vehicles Battery Market

Samsung SDI could gain as the Electric Vehicles Battery Market grows, says one value investor. According to research from Goldman Sachs, the lithium-ion battery market will be worth an estimated $40 billion by 2025 as demand for electric vehicles skyrockets. Chinese policymakers expect 5 million electric vehicles to be on the country’s roads by 2020. In 2016 507,000 battery electric and plug-in hybrid vehicles were sold in China, an increase of 50% year-on-year. Goldman And Bernstein Clash On Impact Of Rate Hike On Oil Chinese companies are scrambling to meet this demand targeting capacity of 21 GWh of batteries by…