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Home | Green Cars News | Technology | Molicel to Build New Lithium-Ion Battery Plant in Taiwan

Molicel to Build New Lithium-Ion Battery Plant in Taiwan

04 July, 2009 01:37:00

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E-One Moli Energy Corp. (Molicel) said on Wednesday it is building a new lithium-ion battery plant in Taiwan with production capacity of 12 million units per month.

The expansion will make Taiwan-based Molicel one of the world’s top producers of lithium-ion batteries.

The company says it will focus on the enormous market potent of laptop-computer, cordless power tool, and electric or hybrid-electric vehicles markets.

The new plant is located next to its first plant in the Southern Taiwan Science Park; construction work is slated for completion by the end of 2009.

Currently Molicel says it is working with strategic partners to develop the next-generation of lithium-ion battery for transportation and electrical energy storage.

The company has supplied lithium-ion battery for BMW in Europe and some other companies in North America and Asia.

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