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New battery plant in South Korea

Fri, 07/20/2012 - 18:02 -- Ruth Williams

A plant to make components for lithium-ion batteries is to be built in South Korea by Belgian company Umicore. 

The high-tech recycler and specialist materials maker will double its capacity of the product as it expands into the market.  The plant should be operational in 2014 to make parts for rechargeable batteries.

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Not looking so bright at A123

Thu, 07/19/2012 - 18:02 -- Ruth Williams

Things are looking gloomy for Massachusetts-based A123 Systems Inc as the money is close to running out.

Share prices have plummeted following the recall of hundreds of defective battery packs from one of its Michigan plants and now the company is trying to sell more shares to rescue itself from financial ruin.  This setback cost the company US$51.6 million last quarter, as it had to recall and replace the faulty batteries.  This blow was preceded by one of A123’s major customers cutting its order for batteries after saying it would be building less electric vehicles. 

A123 lost US$125 million in the first quarter of 2012 and has yet to turn a profit since it first sold stock publicly in 2009.  In 2009 shares peaked at US$25 a share but are now just over one. A123 must sell a lot of shares to stay afloat and cover its operating costs.

This comes just weeks after the firm announced plans to unveil a new technology, which they claim would allow batteries in hybrid and electric vehicles to operate at extreme temperatures.  The batteries, called Nanophosphate EXT, would cut the cost of production and reduce costs.

The idea is to eliminate the need for separate heating and cooling systems in lithium-ion batteries.  Chief executive David Vieau called it a "game changer" for the electric vehicle and telecommunications markets.  Production of Nanophosphate EXT is planned to start in 2013 to cover orders put in by a German automaker.

Researchers at Ohio State University said the batteries performed impressively at high temperature without losing storage and power generating capabilities. The testing has shown the battery can retain more than 90% of its initial capacity at 45 and deliver starting power at -30°C. 

The announcement of this development led to an upsurge in A123 shares which had been struggling around the US$1 mark for weeks, rose to US$1.58 last month.

This July the price is back down.  Vieau’s promise to “power through it” may sound hollow in the face of plummeting share prices but he is determined to help A123 ride out the storm.  His plan is to raise funds selling stocks and warrants while trying to attract customers to buy A123’s products, unfortunately for Vieau this market is looking saturated.

Hot stuff from W-Scope

Thu, 07/19/2012 - 18:02 -- Ruth Williams

Tokyo-based W-Scope Corporation has developed a separator for lithium-ion batteries that can withstand higher temperatures without damage, increasing safety by reducing the risk of battery fires.

The new separator material can withstand temperatures of 200°C for one minute without damage. In comparison, other separators can only withstand temperatures up to around 160°C, according to W-Scope.

The company has begun shipping samples and plans to begin mass production of the new separator in the second half of the year, offering versions in thicknesses ranging from 0.03 mm to less than 0.01 mm.

W-Scope predicts around 10 firms will begin using its new separators during 2013, and that by 2015 these value-added products will account for roughly 30% of its overall separator shipments.

SAFT go photovoltaic

Thu, 07/19/2012 - 18:02 -- Ruth Williams

Saft is producing lithium-ion cells for Schuco’s photovoltaic energy storage system available this year. 
The system determines if energy is stored, consumed or sold back to the grid.  The system control unit detects how much self-generated electricity is available and combines this information with external data.  Electricity is only exported when production exceeds storage capacity.

On track for a smaller more economical hybrid

Thu, 07/19/2012 - 18:02 -- Ruth Williams

A Japanese hybrid train company has made an engine 45% smaller and 20% more economical on fuel than conventional diesel locomotives.  Kinki Sharyo use a diesel engine combined with lithium-ion batteries.  Unlike diesel trains the hybrid only requires one engine for two locomotives making it lighter and more economical on fuel. 


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