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Freudenberg secures majority interest in Li-ion battery maker XALT Energy; full acquisition coming

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Freudenberg Sealing Technologies has become majority stakeholder of XALT Energy, a Midland, Mich.-based In March 2018, Freudenberg announced it had acquired a 31% ownership stake in XALT Energy through a multi-million dollar investment in its operations. Earlier post.) We are delighted with this strategic venture.

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Sanyo to Begin Mass Production of Li-ion Systems for Power Storage and Light Electric Vehicle Applications

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Sanyo Li-ion systems for power storage (left) and light electric vehicle (right) applications. The Standard Battery System for Electric Motors (EVB-101) can be used to power light electric vehicles that are in the R&D or small-scale mass production stages. Click to enlarge. Sanyo Electric Co., Sanyo Li-ion Systems.

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Volvo Car Group testing lightweight structural energy storage material applied in trunk lid and plenum cover

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A composite blend of carbon fibers and polymer resin is being developed that can store and charge more energy faster than conventional batteries can. This material can then be used around the vehicle, replacing existing components, to store and charge energy. Click to enlarge. Close up of the trunk lid carbon fiber composite.

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Sumitomo installs first large-scale power system using used EV batteries

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Sumitomo Corporation has developed and installed the first large-scale power storage system which utilizes used batteries collected from electric vehicles. This commercial scale storage system, built on Yume-shima Island, Osaka, will begin operating in February 2014. Earlier post.)

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California Energy Commission awards $1.1M to 12 small-scale projects to study transportation, natural gas and electricity technologies

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The California Energy Commission (CEC) is awarding $1,135,862 to 12 small-scale projects to research that will reduce the cost of producing electricity, save energy and improve the environment. The technology has the potential to save energy and help the state achieve its bioenergy goals. billion in follow-on investment.

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Exide and Leclanché launch Li-ion battery JV in India

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Exide Industries Ltd, India’s largest manufacturer of lead acid storage batteries and power storage solutions provider, and Switzerland-based Li-ion battery manufacturer Leclanché SA announced a joint venture to build lithium-ion batteries and provide energy storage systems for India’s electric vehicle market and grid-based applications.

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Nissan and Endesa collaborating to deliver vehicle-to-grid systems to market

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Nissan and Endesa, an Enel Group subsidiary, signed an agreement at the Geneva International Motor Show pledging to work together to deliver a mass-market V2G system and an innovative business model designed to leverage this technology. Designing and evaluating potential affordable energy and mobility pack offers.

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