Lithium-Air Batteries
Toyota Motor Corp. (NYSE: TM) is working with BMW (ETR: BMW) to develop the latest in lithium battery technology: lithium-air batteries.

This Article Originally was Published here: http://www.energyandcapital.com/articles/lithium-air-batteries/3035

The next step for automobile batteries is air. Japan’s Toyota Motor Corp. (NYSE: TM) and Germany’s BMW Group (ETR: BMW) are collaborating to develop “lithium-air” batteries.

They’ve been doing this since late 2011 and hope to have a prototype fuel-cell vehicle system ready by 2020. A concept midsize SUV is expected by the end of 2013.

The lithium-air battery technology would draw on oxygen, constantly present in air, to incorporate it into the energy generation process.

The joint effort does not, however, involve any merging of capital, although the two intend to cover as broad a range of green auto technologies as possible.

From the Huffington Post:

"We really share the same vision," he [BMW AG board member Herbert Diess]said at a news conference in Nagoya, central Japan, live-streamed at Toyota's Tokyo office.

It isn’t the first such association of forces by major automakers to come up with radical new technologies. PSA Peugeot Citroen, for example has a parts purchase and services agreement with General Motors Co. (NYSE: GM) and a small car development agreement with Toyota.

This Article Originally was Published here: http://www.energyandcapital.com/articles/lithium-air-batteries/3035



Lithium-Air Batteries originally appeared in Energy and Capital. Energy and Capital, a free daily newsletter, offers practical investment analysis in the new energy economy.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here