NEW YORK - March 15, 2021 - The rising pollution, deteriorating air quality levels, and global warming are rapidly changing the big beautiful planet that we know and adore into a toxic cesspool where the blue and green colors of the Earth are being replaced by the grey-white tint of dust and where the prevalence of various fatal diseases such as cardiovascular ailments is rising at an alarming rate. This is making governments prioritize environmental conservation and implement several stringent environmental protection initiatives and laws.

According to the estimates of the World Health Organization (WHO), automobiles are responsible for as much as 30% of all particulate emissions in the European cities and 50% of emissions in the OECD (Organisation for Economic Cooperation and Development) countries. According to several industry experts, these percentages will drop in the coming years, with many governments enacting various favorable policies for promoting the usage of electric vehicles in their countries.

For example, a multi-government policy forum called the Electric Vehicles Initiative (EVI) was launched by the Clean Energy Ministerial (CEM), which is a France-based organization, in 2010 for boosting the deployment of electric vehicles across the globe. The growing deployment of electric and hybrid electric vehicles (HEVs) in many countries is positively impacting the sales of lead-acid batteries as these batteries are extensively used as the main power source in these vehicles.

The high energy density and specific energy of these batteries make them ideal for use in electric vehicles. The rising usage of lead-acid batteries is causing the rapid expansion of the global lead-acid battery market (https://www.psmarketresearch.com/market-analysis/lead-aci...). Depending on construction, the market is bifurcated into valve-regulated-lead-acid (VRLA) and flooded. Of these, the flooded bifurcation recorded high growth in the market in the past, because of the widespread usage of flooded batteries in several applications, including marine applications in the years gone by.

Hence, it can be said without any doubt that the sales of lead-acid batteries will soar all over the world in the upcoming years, mainly because of the growing deployment of electric and hybrid electric vehicles in several countries, on account of the rising implementation of favorable government policies, increasing spending power of people, and the surging consumer awareness of the environmental damage caused because of the usage of fossil fuel-powered vehicles.

Contact
Vijay Kumar