The expansion will make E-One Moli one of the world’s top manufacturers of lithium-ion batteries. The company says that it will focus on the laptop-computer, cordless power tool, and electric or hybrid-electric vehicle market.

The new plant is located next to its first plant in the Southern Taiwan Science Park; construction work is slated for completion by the end of 2009.

E-One Moli currently manufactures and markets a variety of cylindrical and prismatic lithium-ion cells, using different cathode materials. The company says that it is working with strategic partners to develop the next-generation of cells for transportation and electrical energy storage.