Report counts cost of fake batteries

https://www.bestmag.co.uk/industry-news/report-counts-cost-fake-batteries

Mon, 02/26/2018 - 12:10 -- John Shepherd

Report counts cost of fake batteries
Counterfeit batteries are costing legitimate manufacturers in the EU around EUR180 million ($221m) in lost business every year, according to a new report.

The study, from the European Union Intellectual Property Office (EUIPO), said counterfeit batteries mostly affect the vehicle sector, but are also found in the mobile phone market.

Tags:EUIPO,Fake batteries,Europe,European Union