Toshiba HQ (TGW) – Toshiba has developed a new lithium-ion battery that can be recharged to 90% capacity in less than 5 minutes and will last 10 years.
The company will start shipping in March, and plans to make the battery for electric bikes, forklifts, construction machinery and other industrial use. The battery will be able for hybrids and electric cars by 2010.
"This is a truly innovative battery," said Toshiba Corporate Vice President Toshiharu Watanabe, emphasizing its potential "in the electronic vehicles markets as a new energy solution."
Most lithium batteries in use now require hours to recharge fully.
Toshiba estimates the battery will last 5000 charges and is unlikely to catch fire.
The Tokyo-based electronics maker expects global sales of the new fast-charging battery to reach nearly $900 million by fiscal 2015.
Via :: AP