Yet the US is entering the race late. It must move fast to catch Japan, Korea, and China. Each is pouring billions into lithium research and each already has manufacturing plants.
Source: csmonitor.com Read More...
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If 2008 was the year of the bailout, 2009 might be the year of the battery, and that’s fine with Firefly Energy. TOKYO (Reuters) – Panasonic Corp, the world’s top plasma TV maker, is betting on a green future of solar power and hybrid cars as it negotiates a price for rival Sanyo Electric Co that analysts say could be up to $8.7 billion. The battery startup plans to launch its first commercial product in the first quarter of 2009 named Oasis, which will power the amenities in truckers’ sleeper cars. The larger the battery pack, the bigger the subsidy. The law calls for a base credit of $2,500 for plug-in hybrid purchases, which increases by $417 for each kilowatt-hour of battery capacity over four kilowatt-hours, to a maximum of $7,500. BYD plans to start selling its first all-electric car in China next year and to start selling gasoline-electric hybrids in the U.S. and Europe by 2010. Lithium ion battery is the technology of choice for The lengthening lead Japan’s auto makers hold in securing supplies of advanced batteries to power the next generation of automobiles has become a rallying point for the U.S. auto industry in seeking at least $25 billion in government loans. The Ontario government is in early talks with a Silicon Valley technology company about turning Toronto and surrounding areas into an electric transportation hub, complete with electric charging infrastructure and local manufacturing of battery-powered vehicles, the Star has learned. NEW YORK (Reuters) – Toyota Motor Corp (7203.T: Quote, Profile, Research, Stock Buzz) (TM.N: Quote, Profile, Research, Stock Buzz) will build batteries for its hybrids in North America eventually, as part of a plan to drive down the production costs of fuel-efficient models like its top-selling Prius. Sept. 4 (Bloomberg) — GS Yuasa Corp., the best performer on Japan’s Nikkei 225 Stock Average this year, may build a plant overseas making lithium-ion batteries to meet demand for electric vehicles, President Makoto Yoda said. Two Japanese institutes succeeded in synthesizing olivine structure (a kind of crystal structure) LiFePO4 (lithium ion phosphate) coated with a carbon film, which has great potential as a positive electrode material, into superfine particles of nanometer-order. Read More... SOUTHFIELD, Mich., Aug. 12, 2008 – The United States Advanced Battery Consortium (USABC), an organization whose members are Chrysler LLC, Ford Motor Company and General Motors Corporation, today (Aug.12) announced the award of a $8.2 million plug-in hybrid electric battery technology development contract to Johnson Controls-Saft (JCS) of Milwaukee, Wis. August 8, 2008. The Olympics Games begins in Beijing. A123 Systems, the Watertown, MA-based advanced battery maker with big operations in China, files for an IPO.
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