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 [...]
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 own [...]
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 EV, [...]
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 estimated [...]
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 [...]
The list of battery manufacturers around the world claiming to be on the verge of the next great lithium ion battery just got longer. With a new technology that not alot is known about, Hitachi claims it has developed a method to make lithium-ion batteries last twice as long as the current models on the [...]
If you’re not already familiar with lithium-air batteries, you may want to take note. Also known as lithium-oxygen, these batteries are similar to the lithium-ion batteries that now dominate the field of portable electronics. But because lithium-air batteries replace the heavy conventional compounds in such batteries with a carbon-based air electrode and flow of air, [...]
Ford CEO Alan Mulally opened the NY Auto Show this morning with a warning that the US is falling behind in the race to develop new battery and powertrain solutions, and only policymakers can change course.
“Governments around the world are going to have a tremendous role to play,” Mulally said.
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