Search 4,000 EV News articles

Sunday, November 1, 2009

Toshiba to build a second SCiB battery production facility in Japan

Toshiba in anticipation of strong future demand will construct a second dedicated production facility for its safe, long-life, rapid charge SCiB battery, in the Kashiwazaki Frontier Park, in Kashiwazaki city, Niigata prefecture.The market for lithium-ion batteries is expected to see significant demand growth, and to account for a growing share of a lithium-ion battery market scale that is expected to reach sales of approximately US$22 Billion worldwide in fiscal year 2015. Toshiba selected Kashiwazaki because of the city's commitment to realizing a low-carbon society by promoting electric vehicles (EV) and attracting EV-related businesses. The city is recognized as a model area for the "EV and plug-in hybrid vehicle (PHV) town," promoted by Japan's Ministry of Economy.

The total investment in construction and installation of manufacturing equipment will be in the region of US$280 Million. Construction is scheduled to start in April 2010, with a completion date of October 2010. In spring 2011, the plant will start to produce SCiB cells and modules for application in battery-powered electric vehicles (EV). The initial capacity of 500,000 cells a month is expected to rise when the automotive application market takes off in fiscal year 2011, allowing the plant to achieve significant cost reductions through mass production.

Blog Widget by LinkWithin

No comments:

Post a Comment