Panasonic plans home-use storage cell (lithium battery)

[kristopher]

Panasonic plans home-use storage cell

The Yomiuri Shimbun

OSAKA--Panasonic Corp., which recently made a successful takeover bid for Sanyo Electric Co., plans to market a lithium-ion storage cell for home use around fiscal 2011.

"We'll be the first to bring to the market a storage battery for home use, which can store sufficient electricity for about one week of use," said Fumio Otsubo, president of Panasonic, in a recent interview with The Yomiuri Shimbun.

On Monday, Panasonic announced it has officially acquired a more than 50 percent stake in Sanyo.

It has become Japan's second-largest electronics giant, next to Hitachi, Ltd., with anticipated combined sales of 8.66 trillion yen for the business year ending in March.

Stressing that Panasonic and Sanyo have already test-manufactured a storage battery for home use, Otsubo said, "We're positioned closest to realizing CO2 emission-free daily life."

By making Sanyo its subsidiary...

http://www.yomiuri.co.jp/dy/business/T091221004988.htm

[madrchsod]

1. lithium.....

someone better come up with a cheap process to make a lot of lithium.

[HysteryDiagnosis]

2. Chile

http://findarticles.com/p/articles/mi_qa3864/is_199909/ai_n8858691/

The United States has been overtaken by Chile as the leading producer of lithium according to The Economics of Lithium, a new industry report from Roskill. Until 1994, world lithium chemical and metal production were dominated by two U.S. producers, with most lithium products in the Western World originating from U.S.

[madrchsod]

3. and the disputed territories that china claims....

i think africa also has large deposits of lithium. it will be the next natural resource that shape the world in the future

[kristopher]

5. Except that it is easily and completely recyclable.

That makes it totally different than resources like petroleum.

[skids]

4. By the time it is anywhere near exhausted...

...nanotech storage technologies that don't need it will be ready.