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Stock impact report

Natural Disaster Victims Rely on Advanced Batteries to Connect With the World

EDISON NATION (EDNT) 
Company Research Source: PR Newswire
NEW YORK, Sept. 12, 2019 /PRNewswire/ -- So many of us are reliant on batteries. Typically, batteries are used to power portable devices such as cellphones and tablets. However, with the progression of the industry, battery demand began to stem from the electric vehicle boom as well. Recently, electric vehicles (EVs) became widely popular because of their environmental efficiency and potential savings. The EVs typically use lithium-ion powered battery packs, which can be recharged. In comparison, standard diesel-powered vehicles rely on fossil fuel, which has caused great concern among environmental officials about the adverse effects of fossil fuel emissions. As a result, many automotive manufacturers began to launch their own lines of high-tech EVs. And while the vehicles are one of the largest contributors to the overall battery market, other growth factors such as consumer electronics and industrial applications are also helping to further propel the industry. Originally, consumer Show less Read more
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