Aiming to mass-produce a lithium battery for vehicles, 14 U.S. companies with expertise in batteries and advanced materials have formed an alliance with a government laboratory, the lab said on Thursday.Government, U.S. Firms Collaborate on Lithium Battery - Latest News
The alliance, which includes battery industry giants such as 3M Co and Johnson Controls-Saft, intends to secure $1 billion to $2 billion in U.S. government funding over the next five years to build a manufacturing facility with an "open foundry" for the participants to pursue the goal of perfecting lithium-ion batteries for cars.
Monday, December 29, 2008
Government, U.S. Firms Collaborate on Lithium Battery - Latest News
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