Laptop Battery News

December 1, 2010

Significant increase of Li-ion battery market in South Korea

This news comes from: Significant increase of Li-ion battery market in South Korea

Li-ion battery market in Korea will increase substantially, but the raw materials of lithium batteries Korea only 20% of the proportion of domestic production, battery production more imports from Japan will be also many materials, so South Korea need to increase the proportion of domestic battery materials .

Reported that Korea Development Institute 30 release, “South Korean Li-ion battery industry development strategy assessment and future issues” report, made the remarks, and pointed out that Korea needs to actively promote policies to ensure that the materials research and development techniques to find effective access to materials approach.

According to reports, Li-ion battery anode materials, cathode materials, membranes, electrolyte localization of four core materials, the proportion of South Korea were 70%, 1%, 25% and 86%. Compared with Japan, South Korea, components and materials, the core technology in Japan were only 50% and 30%.

The report also noted that with the further promotion of electric vehicles, the global lithium market from last year’s 13 trillion won (about 78 billion yuan) in 2015 may increase to 41 trillion won. Tellingly, the last car in the special lithium battery lithium battery market, accounting for only 1.6%, but 2015 may increase to 43%.

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Troubles and Opportunity of Car batteries

With the rapid economic development, energy scale, brought about by energy shortages and environmental issues that can not be ignored. Countries are actively research and development, a lot of money and manpower focused on developing new clean energy.

2010, U.S. Department of Energy and materials in battery R & D budget of 1.52 billion U.S. dollars, “Energy Recovery Act Fund” in the battery manufacturing investment amounted to 1.5 billion. Japan’s New Energy and Industrial Technology Development Organization of science and technology budget of 26.1 billion U.S. dollars, did not disclose the percentage of battery power. China has developed under the “energy saving and new energy vehicle development plan (2011-2020)”, the central government will spend 100 billion yuan to support the development of the automobile industry, is necessarily a new energy vehicles as part of its development.

2020, pure electric and hybrid vehicles worldwide holdings will reach 20 million; the global production value of more than 1,000 million lithium batteries.

This year, China’s electric, hybrid, fuel cell vehicle production will reach 10,000; plans to reach one million by 2015, up to 10 million by 2020.

Attractive prospect of facing the industry, and the great support of national policy, more and more companies from different industries which invest capital and technology research and development, like in the automotive battery business to grab a slice. However, this area really like to imagine that better? This expensive, requires strong technical R & D resources of the industry, we’re really ready for it?

“2011 car battery Seminar” will be held January 18, 2011 to 19 in Shanghai. Together government agencies, research institutions, battery manufacturing, power management, all aspects of suppliers, automobile companies and other representatives of the enterprises operating in the model problems and difficulties encountered in seeking an appropriate development of China’s auto mode power battery .

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BAK Battery released financial reports in the fourth quarter and full year of 2010

BAK Battery (CBAK, 1.88, -12.15%) (CBAK-US) today announced the deadline to September 30, 2010 in the fourth quarter and full year 2010 earnings.

The report shows that fourth quarter net revenues of $ 55,600,000, representing $ 58,600,000 in the first quarter decreased 5.1%, compared with $ 57,600,000 last year’s decline of 3.4%; fourth quarter net loss of $ 8,600,000, per diluted share loss of $ 0.14; the previous quarter net loss of $ 18,300,000, $ 0.29 diluted loss per share; last year the net loss of $ 1,400,000, $ 0.02 diluted loss per share.

Full year 2010 net revenue of 2.15 billion, compared with $ 211,000,000 in 2009 full year net revenue growth of 1.7%; full-year 2010 net loss of $ 32,800,000, $ 0.53 diluted loss per share; last year net loss of $ 14,000,000, $ 0.25 diluted loss per share.

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