Digitimes Research: Used automobile lithium batteries could store renewable energy
Enoki Chen, DIGITIMES Research, Taipei [Thursday 24 January 2013]
US-based automobile maker GM has been conducting R&D with professionals in different industries on the possibility of storing energy on used automobile lithium batteries.
Digitimes Research believes if the R&D is successful, it will lower the production cost and increase the commercialization of electric automobiles. The success of the experiment would means lithium batteries could be used by the renewable energy industry and also create a new market.
The electric automobile market development has been less healthy than expected due to high product prices, despite that the price of crude oil continues to be high. The lack of development of the market caused one of the largest US-based electric automobile lithium battery makers, A123 Systems, to file for bankruptcy in October 2012.
The next 50 years: Q&A with Rohm CEO Satoshi Sawamura (Jan 22)
Copper foil prices up in January (Jan 16)
Acquiring Sony battery biz will help Foxconn strengthen vertical integration (Nov 30)
UL provides Japan S Mark certification testing in Taiwan (Oct 22)
Lithium iron phosphate powder maker Hirose sees losses widen in 1H12 (Sep 3)