Many new solutions are vying to displace the petroleum-fuel internal combustion engine and win the future of transportation, including alternative fuels such as biofuels, plug-in electric vehicles, and fuel-cell vehicles. However, all face steep obstacles in gaining widespread adoption. For the immediate future, an appealing set of solutions has begun to emerge, and involves integrating batteries and other energy storage solutions to save fuel in ways short of propelling the vehicle itself – micro-hybrids and mild hybrids. These technologies represent a huge market opportunity, as they will be used in 39 million vehicles in 2017 and demand $6.9 billion worth of energy storage devices.
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