NTU researchers make breakthrough with fast-charge batteries

SINGAPORE: Scientists at Nanyang Technology University (NTU) have developed ultra-fast charging batteries that can be recharged up to 70 per cent in two minutes, and have a lifespan of more than 20 years – 10 times more than existing lithium-ion batteries. The batteries will have a “wide-ranging impact” on all industries, especially for electric vehicles, where consumers are put off by long recharge times and limited battery life, said NTU in a media release issued on Monday (Oct 13).

http://www.channelnewsasia.com/news/technology/ntu-researchers-make/1412342.html

Panasonic to Invest Over $200 million for Tesla’s Battery Plant in US

Panasonic Corp will initially invest around 20-30 billion Yen ($200-300 million) in Tesla Motors for producing lithium-ion battery used in electric vehicles.Tesla Motors is a US based electric car manufacturer and Japan’s Panasonic has been supplying batteries for the electric car maker for years.

http://www.ibtimes.co.in/panasonic-invest-over-200-million-teslas-battery-plant-us-605564

Global Lithium Ion Battery Market – Forecast to 2019

Lithium ion batteries are rechargeable batteries in which lithium ions move from anode to cathode during discharge and traverse back to anode while charging. They are available in different form factors such as small cylindrical, large cylindrical, pouch and prismatic. The market is expected to witness robust growth during the forecast period. This is due to the advantages such as higher efficiency, longer life time in compare to other batteries.

http://www.sys-con.com/node/2983143