Difference between ArrayList and Vector in Java

ArrayList:
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1.Array List object is not synchronized by default.
2.In case of a single thread ,using ArrayList is faster than the vector.
3.ArrayList increases its size every time by 50 percent(half).

4. We can synchronize Arraylist using synchronizedList() mehtod as:

List  l = Collections.SynchronizedList(new ArrayList());

Vector:
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1.Vector object is synchronized by default.
2. In case of multiple threads, using Vector is advisable. With a single  thread,
   Vector becomes slow.
3. Vector increases its size every time by doubling it.