The 235,000-square-foot facility is ramping up volume to handle a projected $300 million in annual sales, and will employ 300 people once it’s running at full speed.
Liotech, a joint venture between Russian state-owned firm Nanotechnologies (RUSNANO) and Chinese holding company Thunder Sky Limited, held an opening ceremony this week for what they claim is the world’s largest lithium-ion battery factory. The sprawling 40,000-square-meter plant near Novosibirsk was built in nine months – probably less time than it would take just to secure the building… Read more »
Sheetak Inc. announced that it has secured a $4.7 million contract with the Department of Energy to develop a thermal energy storage system for EVs.
Three Swedish companies have designed a new transmission for electric vehicles, which will be on display for the first time at next week’s CTI Exhibition in Berlin.
Panasonic announced today that it will supply lithium-ion batteries for Toyota’s new Prius PHEV. The company is already supplying nickel-metal hydride batteries to several automakers, but this will be the first time its lithium-ion offerings appear in a production vehicle. The Japanese electronics giant is charging ahead in the battery business, with a major R&D… Read more »
At the Tokyo Motor Show today, Nissan unveiled a wireless charging system for the Leaf that it says will be available starting with the 2013 model. So far, Nissan is the only EV maker to announce wireless charging capability for a production vehicle. Electromagnetic induction charging, which doesn’t require physical contact, is shaping up… Read more »
Reuters reported on Tuesday that BMW and Toyota will form a partnership to develop lighter and less expensive lithium-ion batteries for EVs
Advanced battery maker A123 Systems has lowered its revenue guidance figure for 2011
The 2009 DOE grant recipient was delisted was delisted by Nasdaq, apparently for failing to file a quarterly report on time.
Two major EV pioneers have announced another chapter in their partnership, an agreement under which Panasonic will supply Tesla Motors with lithium-ion battery cells for Tesla’s new Model S. Panasonic is a major investor in Tesla, and the two companies have worked closely together to develop an EV-optimized battery cell based on nickel-type cathode technology…. Read more »