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CAR BATTERY MAKERS * Japan
* Sumitomo Electric May Expand Sodium Battery Sales to Carmakers
Chuo-ku,Osaka,Japan -Bloomberg, by Masatsugu Horie -Nov. 13, 2011: -- Sumitomo Electric Industries Ltd. plans to sell a sodium-ion battery it is developing to makers of electric and hybrid passenger cars, expanding beyond the original target of commercial-vehicle fleet operators... Sumitomo, which supplies electrical wiring to Toyota Motor Corp. and Volkswagen AG, said in March it developed a cheaper alternative to lithium-ion batteries that uses liquefied salt as an electrolyte. It aims to begin production of the batteries in 2015 and targets revenue of more than 1 trillion yen ($13 billion), Chief Executive Officer Masayoshi Matsumoto, said at the time... Sumitomo Electric said its new battery can be made cheaper and safer compared with lithium-ion batteries because liquefied salt costs less and is noncombustible. It had previously said the product may be applied only to buses or trucks because commercial vehicles usually travel on specified routes, allowing for regular checks to ensure the battery’s temperature remains at a level that prevents the electrolyte from solidifying, according to spokesman Masatoshi Nakata...
Labels: battery makers
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