Ford Motor Co. (Dearborn, MI) has produced the prototype electric Ka small car, called the e-Ka, powered by a new generation of...
AVX (Myrtle Beach, SC) has announced the new BestCap (Battery Energy Saving Technology Capacitor) product. These electromechanical supercapacitors are based on an...
Sanyo Electric Co. (Moriguchi City, Japan) announced that they have signed a memorandum of understanding with the Toshiba Corp. (Tokyo, Japan) and with Toshiba Battery Co. for the transfer of the Toshiba Group's nickel metal-hydride businesses to Sanyo. The Toshiba group will gain proceeds of nearly 10 billion yen (over $90 million dollars) from the […]
Battery Technologies Inc. (BTI, Ontario, Canada) has announced that it has entered into a letter of intent to acquire 100 percent of the business operations, assets and trademarks of Accucell Deutschland (Weiblingen, Germany). Accucell Deutschland is a personally owned business focused on the marketing, distribution, charger and applications development of RAM batteries for Europe. Accucell […]
Beacon Power Corp. (Woburn, MA) has completed an initial public offering of 8 million shares of common stock at $6 per share. All shares were offered by Beacon Power Corporation. The offering raised $44.6 million in gross proceeds to the company, which will be used for general corporate purposes, including research and product development, sales […]
Ault Inc. (Minneapolis, MN) is offering a free, full-line product catalog that highlights its power supply products and services. Ault products in the new catalog include linear power supplies available in regulated and unregulated models with single or multiple outlets for applications up to 19W, new low-profile universal input switches for applications up to 90W, […]
SatCon Technology Corp. (Cambridge, MA) has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of shares of its common stock. The offering is being lead-managed by CIBC World Markets Corp., and the co-managers will be Banc Of America Securities LLC and FAC/Equities, a division of First Albany Corporation.
Electric Fuel Corporation (Iselin, NJ) announced that it will produce a line of fully charged, ready-to-use, disposable cellular phone batteries that Wal-Mart...
Valence Technology Inc. (Henderson, NV) reported financial results for the second quarter of fiscal year 2001 ended September 30, 2000. For the second quarter of 2001, the company reported a net loss of $9.3 million, or $0.25 per share, on 37.8 million weighted average shares outstanding, compared with a net loss of $9.5 million, or […]
From its exhibit booth at Comdex 2000, Electric Fuel Corp. (EFC, Iselin, NJ) is introducing the Instant Power Charger. The new product...
Yuasa Inc. (Reading, PA) has undergone a series of serious changes lately. Exide Technologies (Princeton, NJ) recently sold off its 13.5-percent interest in Yuasa for $29.9 million. Exide expects to report a pre-tax gain of approximately $13.0 million on the sale of the investment in its third fiscal quarter, the proceeds of which will be […]
SK Global Co. (Seoul, Korea) is advancing into the lithium battery business. Demand for rechargeable lithium batteries is on the rise, as they are widely used in semiconductor, LCD and battery products. SK Global formed a strategic alliance with Anycell Inc. (Kwangju, Korea), a lithium battery maker, and released the SK Lithium Battery, with intended […]
DaimlerChrysler Corp. (Auburn Hills, MI) is now disclosing the details of the Jeep Commander 2, which merges a new design with an advanced fuel cell powertrain in a sport-utility vehicle. DaimlerChrysler claims that the vehicle is virtually pollution-free while achieving double the fuel efficiency of a conventional SUV. While Commander 2 duplicates the shape and […]
Alliance Techsystems (ATK, Hopkins, MN) and Valence Technology Inc. (Henderson, NV) have announced that ATK/Valence Alliance, a joint venture between ATK Power Sources and Valence Technology, has received limited approval from the US Navy to test large-size lithium-ion polymer batteries in the US Navy's underwater vehicles. Managed by the US Navy Deep Submergence Program Office, […]
Matsushita Battery Industrial Co. (Tokyo, Japan) announced that in May 2001 they will begin the mass production of new types of lithium-polymer batteries with capacities ranging up to 1,650mAh. The new lithium-polymer batteries employ an integrated structure of positive/negative electrodes and a separator, which can change its thickness and size. The power capacity can be […]