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lithium ion

Another day, another breakthrough

Thu, 06/18/2015 - 11:21 -- Anonymous
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Another day, another breakthrough
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Yet another US developer claims a  “breakthrough energy storage technology ! Biosolar announced that the company is developing a breakthrough technology to significantly increase the capacity, lower the cost and extend the life of lithium-ion batteries.

Based on the company's internal analysis, a super battery built using its technology can double the range of a Tesla automobile, costs 4 times less, has faster charging time, longer life and can potentially break the $100/kWh cost barrier needed for mass market adoption of energy storage.

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FDG in $96m lithium ion sell off

Thu, 04/30/2015 - 10:34 -- Paul Crompton
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FDG in $96m lithium ion sell off
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FDG Electric Vehicles’ has sold a stake in its lithium-ion battery production unit to private-equity investor CIAM Group for HK$750m ($96.8 million).

CIAM Group will pay for a 25% minority stake in Synergy Dragon by issuing convertible bonds to FDG.

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