With a mutual directive to develop and manufacture batteries that are eco-friendly, cost competitive, and high performing; the U.S.-based battery maker Johnson Controls Inc. and Japanese electronics giant Hitachi are teaming up. “To truly build a successful advanced energy storage industry, it’s going to require significant ongoing efforts across the entire spectrum of the business, [...]
A little wax and soap can help build electrodes for cheaper lithium ion batteries, according to a study in August 11 issue of Nano Letters. The one-step method will allow battery developers to explore lower-priced alternatives to the lithium ion-metal oxide batteries currently on the market. “Paraffin provides a medium in which to grow good [...]
Sanyo Electric Company has announced the completion of their new factory in Hyogo, Japan, which will be the new production facility for litihum-ion rechargeable batteries made for eco-friendly vehicles. With close to 13 billion yen invested into the 42,831sq m plant, Sanyo will be able to produce one million cells per month to start and [...]
Boston-Power, Inc., the rapidly growing provider of next-generation Lithium-ion batteries, recently announced $60 million in Series E funding co-led by existing investors Foundation Asset Management (FAM) and Oak Investment Partners. Already counted among the world’s most well-financed companies in energy storage and clean technology, Boston-Power has attracted an astonishing $185 million in investment since being [...]
Electronics leader Toshiba is moving along with its plans to develop lithium-ion batteries for numerous automakers as demand for more environment-friendly cars grows. With the demand for electronics companies to supply automakers battery systems for electronic and hybrid cars increasing rapidly, it’s expected that the current output of rechargeable batteries will increase five-fold over the [...]
It wasn’t all that long ago that International Battery was proudly announcing a deal with NASA that included providing a battery prototype that will serve as backup power in support of the space shuttle program. Just months after such a significant transaction. International Battery is now announcing that raising $35 million in financing for its [...]
Due to continuous strong demand, Taiwan’s lithium battery makers are expected to raise prices in the second quarter, according to industry sources. “Beginning in the end of 2009, fellow Japan-based battery companies including Nippon Chemi-con and Panasonic have contacted customers regarding price hikes and their Taiwanese distributors have since made necessary price adjustments of their [...]
The Fortune 500 electronics company Sanyo has just added a new entry to the Guinness Book of World Records. At a time when the development of hybrid and battery-powered vehicles is the focal point of governments and major corporations throughout the world, Sanyo proudly announced that the travel distance of 555.6 km by Mira [...]
USNANO CEO and Shaoping Lu, Managing Director of Thunder Sky Group Limited (China) have signed and an agreement to establish the first Russian production of ultra-capacity lithium-ion batteries. RUSNANO and Thunder Sky Group Limited will establish in Russia the joint company Lithium-Ion Technology to implement the joint project. The total budget of the project is [...]
As technology advances, electric vehicles will definitely predominate the automotive market in the future. Lithium-ion batteries, as the core component of electric vehicle, will see a huge market potential. In 2009, Li-ion battery output reached 1.875 billion units, up 82% from a year earlier. This according to a report research report on China’s lithium ion [...]
