SOURCE: Industrial Info Resources

March 26, 2008 06:00 ET

Cobalt Use in Rechargeable Batteries Rising as Hybrid-Vehicle Sales Ramp Up, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - March 26, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- One of the main selling points of a hybrid electric vehicle is its rechargeable battery, which is either nickel metal hydride or lithium ion. And in the past three years, cobalt use in rechargeable batteries has risen 284%.

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