The technology has been introduced into the market by two research groups: the U.S.-based Electric Power Research Institute (EPRI), and the Japanese firm Nippon Shinto.
The EPRI announced in September 2014 that it is building a new technology-enabled manufacturing process to produce more lightweight lithium-ion batteries, a process originally developed as part of the lithium-ion battery production process.
The EPRI said it is producing an advanced manufacturing process for lithium-ion batteries, and hopes to start commercial production in 2019. By the end of this year, production of the newly developed process is scheduled to begin.
The process allows an electrode to be cut into a uniform width, then bonded to the battery as it is charged and discharged. The process is made possible by a new type of electrode, called a “superionic metal oxide” as part of an innovative electrode technology developed by Nippon Shinto.
For the next two years, the technology can be used to make more reliable batteries that can supply electricity 24 hours a day — more than twice as long as current battery technologies — with smaller cost increases than current products. They can also be used to produce lithium-ion batteries at a much lower cost than current products, even if the process is used to make an entirely different kind of battery.
With the advance the EPRI said is occurring, new products or solutions for existing batteries are possible after 30 years, and the EPRI said it expects to have a single product that can store electricity for 12 months for less than $150. But it is not yet clear how many products the company will have to produce to meet that goal.
What has to happen?
The new process does have a few downsides. For one thing, some experts suspect that the EPRI will be producing too many electric cars at once.
The EPRI and the Japanese firm, Nippon Shinto, said that they will continue working on developing the next generation of lithium-ion batteries to make them more efficient and safe. Both companies said they will also develop batteries that provide even higher energy density than current ones and that can store more energy than current ones. The technology also has to be improved for new products.
The companies said that they are committed to creating a “single technology platform” to handle new types of batteries, like the ones they are developing. That means they will work together to develop more advanced technologies for electric cars,
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