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Lithium battery prices down 30% in Asia - report

Fri, 08/08/2014 - 12:25 -- Editor
lithium batteries

The price of lithium-ion batteries for electric vehicles and energy storage systems (ESS) have fallen by a third in the past year, according to a report by Korea’s Electronic Times.

It reports the price of mid-to-large lithium-ion secondary battery cells dropped from $500-600/kWh last year to $350/kWh. In South Korea, said to be less competitive than the global market, batteries are traded at $400-500/kWh.

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Panasonic and Tesla partner for “gigafactory”

Wed, 07/30/2014 - 10:53 -- Laura Varriale
Tesla EV

Panasonic is to supply and install battery machinery to Tesla Motor’s planned large-scale lithium-ion battery plant.

Panasonic will likely invest up to ¥30 billion ($294.7m) initially, according to a Nikkei report. Tesla aims to begin building the plant this year and to start making lithium-ion cells in 2017.

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Panasonic to build lead-acid battery plant in India

Fri, 07/11/2014 - 16:03 -- Laura Varriale
Panasonic battery

Japanese electronics maker Panasonic is to set up a lead-acid battery plant in India and plans to make the country a regional hub.

The batteries shall be used mainly in the automotive industry and data centres. The costs for the plant are estimated at Rs200 crores ($36m). Panasonic is currently deciding on a location, which offers either tax concessions or is closer to the company’s automotive customers. The target is to start production by 2016.

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China approves Toyota-Panasonic nickel metal hydride joint venture

Fri, 07/11/2014 - 15:51 -- Laura Varriale
Toyota EV

China has given a conditional approval for an electric vehicle (EV) nickel metal hydride battery joint venture (JV) between Toyota and Panasonic’s Primearth and two other Toyota units, Hunan Corun and Changhsu Sinogy.

The JV is called Corun PEVE Automotive Battery Co. and it aims to focus on the production of nickel-metal hydride batteries for hybrid cars.

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