Commentary Contributed by Atul Yadav, Senior Research Analyst, MarketsandMarkets Research Private Limited

June 23, 2018 | A battery is a device that transforms electro-chemical reactions into electric energy. There are basically two categories of batteries; primary and secondary. Primary batteries are non-rechargeable, whereas, secondary batteries are rechargeable. Lead-acid and lithium ion (Li-ion) batteries are the most widely used rechargeable batteries, accounting for approximately 95 percent of the global rechargeable battery market, and approximately 65 percent of the global battery market in terms of value. Read more about Li-Ion Batteries in the Driving Seat of Electric Vehicles …