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

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-based global developer and manufacturer of lithium-ion technology solutions targeted for heavy-duty mobility applications. XALT Energy specializes in applying lithium-ion technology to large-scale, high-energy, high-power storage solutions for industries including commercial transportation, rail, marine, industrial operations and automotive.

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Toshiba to supply 40MW-40MWh Li-ion storage system to Tohuku Electric Power

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Toshiba Corporation will supply a large-scale battery energy storage system (BESS) to Tohoku Electric Power Company’s “Minami-Soma Substation Project to Verify the Improvement of Supply-demand Balance With Large-capacity Power Storage Systems″. end of February 2016.

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CODA Holdings raises $76M in Series D initial closing; support for CODA electric vehicle and Li-ion battery JV with Lishen

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CODA Holdings, a developer of Lithium-ion battery systems and all-electric vehicles, announced the initial closing of a Series D preferred investment round totaling $76 million, bringing the company's total invested capital to more than $200 million. million kWh) of energy storage. kWh Li-ion pack.

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Prototype electric New Flyer transit bus powered by 120 kWh MHI MLiX Li-ion pack in operational testing in Manitoba, Canada

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An all-electric, battery-powered prototype demonstration bus under joint development by Mitsubishi Heavy Industries, Ltd. The 40-foot “E-Bus” is based on New Flyer’s 40-foot Xcelsior heavy-duty transit bus and is powered by a 120 kWh lithium-ion rechargeable battery pack developed by MHI. Earlier post.)

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CODA Automotive Battery Joint Venture Secures $394M of Committed Capital for Expansion

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California-based electric car and battery company CODA Automotive ( earlier post ), together with its China-based joint venture partner, Lishen Power Battery, has secured $394 million of committed capital. CODA Battery Systems LLC—to design, manufacture and sell automotive-grade, lithium-ion battery systems in the United States.

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BMW i home energy storage system integrates 2nd-life i3 vehicle batteries

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The battery storage system also includes a voltage converter and power electronics to manage the energy flow between renewable energy sources, the house interface, and the Li-Ion high-voltage battery from the BMW i3. The system has been designed to be integrated into the house energy supply chain.