Renewable energy would be a cinch if the sun shone all day and if the wind blew as reliably as the Earth spins. They don't. And even when wind turbines and solar panels are able to harness them, the sun and wind might not produce power exactly when customers want it. Without storage, the excess energy is wasted.
A123 Systems Inc. , a maker of rechargeable auto batteries, will supply lithium-ion cells to SAIC Motor Corp. for use in an electric vehicle as the U.S. startup expands ties with China’s largest domestic carmaker.
Recylex SA, a Paris-based metals recycling company, sees “relatively good” demand for lead in Europe due to its use in car batteries and emergency power generators, said Yves Roche, the chief executive officer.
DuPont Co. plans to expand production of a material used in electric-car batteries to challenge market leaders Polypore International Inc. of the U.S. and Asahi Kasei Corp. and TonenGeneral Sekiyu K.K. of Japan.
Formosa Plastics Group and China’s Chery Automobile Co. are cooperating in areas including ingredients for car batteries and carbon fibers, the Commercial Times reported, citing Sandy Wang, chairwoman of Formosa Energy & Material Technology Co., a unit of the group.