Battery innovation, at least at the prototype level, is alive and well in the U.S. and could even lead the next-generation of transportation and grid tech.
We’ve heard of bullish forecasts for electric cars, but we also have seen reports about the coming of an oversupply of lithium-ion batteries. Managing the supply and demand can be tough for any industry, but it might be extra difficult for the new, electric car market.
Battery maker TonenGeneral Sekiyu K.K., a Japanese subsidiary of Exxon Mobil, has started construction of a $325 million battery plant in South Korea which will make the critical separator film needed to maker lithium-ion batteries. The plant will sell the film to battery maker LG Chem.