Tag Archives: lithium-ion
Next Generation Lithium Ion Battery Developed at USC
Researchers at USC, , according to recently published research in Nano Research, have “developed a new lithium-ion battery design that uses porous silicon nanoparticles in place of the traditional graphite anodes to provide superior performance.” “It’s an exciting research. It opens the door for the design of the next generation lithium-ion batteries,” said Chongwu Zhou, professor at [...]
Global Lithium Ion Electric Vehicle Battery Market: $22 Billion by 2020
The tipping point for the mainstream acceptance of electrically-powered cars may already be with us, according to a study by US-based market analysts, Pike Research. Their research suggests that there are (and will continue to be) 3 main reasons why car manufacturers around the world are ramping up the production of electric cars: a) newly [...]
In Desperation, A123 Raises $39M
Lithium-ion battery maker A123 Systems on Friday announced plans to raise about $39 million in cash to shore up its finances as it struggles to survive in the midst of a massive recall of its automotive batteries. But the company also warned that it only had cash to fund operations through the next four to [...]
More Problems at A123 Systems
Lithium Ion battery maker A123 Systems (NASDAQ:AONE) recently said in its 8K filing with the SEC that many events have raised “substantial doubt on [its] ability to continue as a going concern.” Back on March 26, A123 started a project with an estimated cost of $51.6 million to replace battery modules and packs that contained [...]
BASF Increases Lithium-Ion Batteries Investment
German chemical company BASF (PINK: BASFY) is expanding its presence in the lithium-ion battery technology field. On Thursday, the company announced its acquisition of Novolyte Technologies, a maker of lithium-ion electrolyte formulations. Though BASF would not release financial details, it revealed that it is acquiring the company from previous owner Arsenal Capital Partners. The purchase [...]
IBM Research Gains Partners for ‘Battery 500′ Project
The hunt for longer ranging electric vehicles has just been given a boost with IBM announcing that Central Glass and Asahi Kasei have joined the company’s Battery 500 Project to collaborate on researching how to extend the range of EVs. This, it is hoped, will make eco friendly cars popular enough that the public will [...]
Lithium Ion Battery Market: $50 Billion by 2020
The lithium ion battery market is set to grow tremendously in the coming years. According to Roland Berger Strategy Consultants, its recently updated global lithium ion battery study puts the market at nearly $9 billion by 2015, up from $1.5 billion. Growth could exceed $50 billion by 2020. “We still expect the global market for [...]
Envia Systems New Lithium-Ion Battery: Game Changer?
A U.S.-based company says it has developed a new lithium-ion battery with an energy density of 400 watt-hours per kilogram — roughly twice the density of existing rechargeable batteries — an innovation the company claims could significantly increase the range of electric cars and ultimately cut the price of battery packs by 50 percent. Using [...]