Common use of Pure Electric cars Clause in Contracts

Pure Electric cars. The usage of Li-ion battery for pure electric cars is increasing, and the market share of Li-ion batteries in electric cars is projected to be 20% by 2005, particularly, as the price of these batteries decreases. Electric car sales volume is projected to be 720 thousand sets, or 1.2% of the global car market share, in 2005, growing to 1.7 million cars by 2010, or 2.6% of the global market. However, because pure electric cars need long recharge time, this is a hurdle to prevent it from wide use on the roads.