The president of Sanyo Electric Co. (Japan), Yukinori Kuwano, reports that the company intends to double its number of digital technicians from just under 5,000 to 10,000. This move is part of his three-year comprehensive strategy to focus on electrical parts, including rechargeable batteries and liquid crystals; and digital equipment, including mobile phones and digital […]
Energy Ventures Inc. (Toronto, Canada) recently announced that it has entered into a joint development agreement with Young Poong Corp. (Korea). According to the companies, the agreement will greatly accelerate the commercial development of Energy Venture's rechargeable nickel-zinc battery system. Batteries manufactured using Energy Venture's technology are forecasted to have a cost per unit of […]
Evercel Inc. (Danbury, CT) has begun shipping its Evertroll rechargeable nickel-zinc batteries from the company's manufacturing facility in Newport News, VA. The initial product is being delivered to customers who placed pre-orders through the company's website or through distributors. Evertroll will also be available direct to the consumer through retail catalog suppliers Cabela's and BassPro. […]
Ballard Power Systems Inc. (Vancouver, BC) recently announced that it has set the price for the previously announced public offering of 3,245,000 shares of its common stock at $105 (CDN $153.84) per share. Closing of the offering is scheduled for March 2, 2000. According to the company, the net proceeds from the offering will be […]
American Power Conversion (APC, West Kingston, RI) announced that it is a co-sponsor of the upcoming Sun Microsystems Inc. TechDays worldwide tour, joining leading technology vendors in providing the Internet development community with technologies for building enterprise architecture. The two-day conference is aimed at helping developers understand the increasing complexities of power management. "Sun TechDays […]
General Motors Corp. (Detroit, MI) recently announced that it is recalling about half of all the EV1 electric cars it has leased since 1996, and all of its battery-powered Chevrolet S-10 pickups, because of a fire hazard. The company announced it has told owners of about 450 1997 EV1 coupes, and 450 1997-1998 Chevrolet S-10 […]
Battery Technologies Inc. (Toronto, Canada) recently announced financial results for the year ended December 31, 1999. The company reported a loss for the year of $1.36 million, or $0.02 per share. Revenues for fiscal 1999 were $1.52 million, an increase of 39 percent compared to $1.09 million in 1998. "The combination of higher revenues and […]
Eagle-Picher Technologies LLC (Joplin, MO) recently announced the qualification of its high-power (1kW), lightweight, lithium-oxyhalide reserve battery for the Theater High Altitude Area Defense missile program under sponsorship of the Atmospheric Interceptor Technology program. According to Eagle-Picher, the battery will supply 1kW power to the missile at one-half the original design weight.
Matsushita Battery Industrial Co. Ltd. (Tokyo, Japan) recently announced that it will release a portable game machine using a solar battery in April 2000. The game, Gen-Jisan, which means Old Man named Gen, will be sold for approximately 3,880 yen (111.24 yen equals US$1). The game analyzes users' behavior and tells them their compatibility with […]
FuelCell Energy Inc. (Danbury, CT) reported first-quarter results for the period ended January 31, 2000. According to FuelCell, important events during the first quarter included the start-up and operation of a 250kW Direct FuelCell power plant in Bielefeld, Germany and the selection of the company by the Los Angeles Department of Water and Power to […]
Promark Electronics (Columbus, OH) recently announced that it has created Nexergy Inc. The new company will build a national network of OEM custom battery pack design and assembly centers. According to Promark, Nexergy will become the parent company for Promark Electronics. "Now, with our expanded geographical reach, we will enhance our ability to serve our […]
Electrofuel Inc. (Toronto, ON) recently introduced the Electrofuel 2100, a new high-performance rechargeable battery in their Slim Line. The new battery is designed to provide twice the talk-time and standby power of existing cellular battery packs of comparable size. It delivers more than 2,100mA of power, compared with 900mA offered by conventional cellular batteries. Designed […]
National Semiconductor Corp. (Santa Clara, CA) recently announced their new LM3647 universal battery charger. The LM3647 is a single-chip solution for portable products that is designed to precisely manage recharging NiCd, NiMH and lithium-ion batteries, the three most widely used battery types. According to National, the LM3647 is designed as a flexible way to reduce […]
Evercel Inc. (Danbury, CT) recently announced a stock dividend having the effect of a two-for-one stock split of Evercel common stock. Stockholders of record at the close of business on March 7, 2000, will receive one additional share for each one share of common stock held on that date. The payment date for the stock […]
Bolder Technologies Corp. (Golden, CO) recently announced financial results for its fourth quarter and year ended December 31, 1999. In the fourth quarter, Bolder reported net revenues of $1.8 million, compared with net revenues of $663,000 in the 1998 fourth quarter. Net loss for the fourth quarter of 1999 was $9.1 million, or $0.70 per […]