Industry-Academia Cooperation between NCKU and Celxpert

National Cheng Kung University, the second largest university in Taiwan, and Celxpert Energy Corp., the renowned Li-ion battery manufacturer, jointly established a platform for industry-academia cooperation, especially with a focus on fuel cell development. The kick-off party was held on the 1st December 2008, at the Department of Aeronautics & Astronautics of NCKU, represented by Professor Wei-Hsiang Lewis Lai and Professor Yong-Hwa Tzeng from... Read more..

Axion Power Signs $6.4 Million Manufacturing Contract

Axion Power International, Inc., a leading developer of battery technologies and advanced energy storage devices, announced today that it has received a purchase order for 92,250 flooded lead-acid batteries that it will produce over the next 11 months under a toll-manufacturing contract with a major North American battery manufacturer. The purchase order is the first phase of a relationship that could expand to 50,000 units per month by mid 2009.... Read more..

China Ritar Power Corp. Increasing Penetration in Alternative Energy Storage Market

China Ritar Power Corp., a leading Chinese manufacturer of lead acid batteries, today announced that the Company is increasing its market penetration in the alternative energy storage market. Contributing to the Company’s stronger market position are series of contracts and letters of intent to purchase China Ritar’s nano gel lead acid batteries with several alternative energy companies, including Emerson Electric Co. (NYSE: EMR, “Emerson”).... Read more..

FDK’s ECM15P Series Ultra Capacitor Modules Offer Superior Thermal Performance and Long Life for Vehicles

FDK Corporation, a global electronic component and battery manufacturer, introduces the new ECM15P series EneCapTen ultra capacitor modules for use in vehicles. The ECM15P provides high power with long life and best-in-class thermal performance of up to 80 degrees Celsius. FDK will be exhibiting its ultra capacitors and other electronic products at ELECTRONICA 2008, booth number 348, Hall B2, to be held at the New Munich Trade Fair Centre in Germany... Read more..

GE Helps Commercialize Electric Car with Sixth Investment in Battery Manufacturer A123Systems

GE is recharging the electrification of transportation by making its sixth equity investment in lithium-ion battery manufacturer A123Systems. GE invested $30 million in A123’s $102 million Series E financing, making it the battery manufacturer’s largest single cash investor – at 9 percent ownership. The investments were made by GE Commercial Finance – Equity and GE Energy Financial Services, bringing GE’s combined total investment in... Read more..

Hitachi Awarded Order from Eaton Corporation for Commercial Vehicle Hybrid System

Hitachi, Ltd. and Hitachi Vehicle Energy, Ltd., which manufactures lithium-ion batteries for hybrid electric vehicles (HEV) and other uses, today announced that they have been awarded an order from U.S.-based Eaton Corporation to supply motors, inverters, lithium-ion batteries and other components for Eaton’s hybrid power systems to be delivered through 2011. Plans call for commercial vehicles using Eaton’s hybrid system to be rolled out in markets... Read more..

A123Systems IPO Taps into Multi-Billion-Dollar Electric Vehicle Opportunity

With gas prices at $3.70 per gallon and attention from Beijing to Belgium focused on carbon emissions, light electric vehicles (EVs) – from mass-market hybrids like the Toyota Prius to pure electric vehicles like the Tesla Roadster – are a hot topic with the auto and finance industries alike. Earlier this month, lithium-ion (Li-ion) battery manufacturer A123Systems sought to capitalize on this interest, filing for an IPO that could raise as much... Read more..