Most of these batteries will most likely target hybrid and electric vehicles, a different side of the automotive market which met a continuously increasing demand in the last years.
“Toshiba says its so-called SCiB lithium batteries are safer and recharge faster than conventional lithium-ion batteries. A spokesman did not say how many cells would be required per vehicle because the number depends on the vehicle's performance requirements,” Autonews wrote.
Toshiba wants to invest approximately $194 million by the end of 2010 and expect to sign partnerships with multiple large carmakers involved into hybrid development. Beside all of these, the Japanese manufacturer's new batteries will produce less heat than ordinary lithium-ion batteries which obviously means a lower risk of fire. In addition, the new batteries could be recharged pretty fast, with approximately 90 percent of its capacity restored in 5 minutes.
“Toshiba says its batteries use a lithium-titanium oxide negative electrode. That makes the batteries more stable than typical lithium ion batteries using carbon-based negative electrodes,” Autonews reported quoting a Toshiba spokesman.
Lithium-ion batteries are currently used by a huge range of devices, starting with mobile phones and MP3 players and ending with laptops. Carmakers such as General Motors, Toyota, Mazda and Honda have been using them for concept models, but only a few of them actually reached mass-production, including the Tesla model unveiled in 2008.