As technology advances, it's becoming clearer that consumer
electronics could benefit from a significant development of
today's battery technology. Starting with mobile phones,
portable computer systems, consumer electronics or the latest
electrical cars, Lithium-Ion batteries are a significant part of
our daily lives. On that note, Hitachi has recently announced
that it has managed to come up with a new material that could
potentially boost the capacity of today's Lithium-Ion batteries
by a factor of two. The batteries could be used in smart grid
applications, that being the main focus of the company.
According to a recent news report on Nikkei, Hitachi has teamed
up with Shin-Kobe Electric Machinery Co. in an attempt to
complete prototypes of the new batteries as early as the
beginning of next year. The move better explains the company's
expectations that Lithium-Ion batteries for the industrial use
market could reach three trillion yen by 2020, or roughly 31.88
billion US$. The breakthrough, according to t