Taiwan-based Li-ion battery module makers, in view of weak global demand for notebooks and slow growth in tablet sales, are looking to new business opportunities from data center UPS systems, according to the makers. Although global demand for smartphones is still growing, a smartphone uses only only one battery module, unlike notebooks which use several, the sources said. In addition, China-based Li-ion battery module makers have been competing for orders from smartphone, tablet and notebook vendors.
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).
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.
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.