LOWER LITHIUM PRICES MEANS BOOST FOR THE ELECTRIC CAR MARKET
February 1st, 2012
BY JAMES FULLER
AUTOMOBILE manufacturers are preparing to make the most of an increasing supply of lithium-based batteries, as they look to ramp up their production of electric cars.
They have commented following the December launch of the USD430 million joint Russo-Chinese plant, Liotech, outside Russia's third-largest city Novosibirsk, in Siberia. The joint venture between China's Thunder Sky Limited and the state-owned Russian Corporation of Nanotechnologies (Rusnano) has an annual design capacity estimated at one million batteries, maybe supplying 10% to ...
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