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Freudenberg secures majority interest in Li-ion battery maker XALT Energy; full acquisition coming

Green Car Congress

As our customers transition to lithium-ion battery and fuel cell powertrain options, our investment in XALT Energy will enhance our ability to supply them with materials, products and systems solutions that meet new, complex technical challenges. We are delighted with this strategic venture.

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Toshiba’s SCiB battery for the Fit EV

Green Car Congress

Honda selected Toshiba Corporation’s SCiB rechargeable Li-ion battery to power the Fit EV. Toshiba will supply battery modules for the new car, which Honda will launch in summer 2012 in Japan and the US. The company will also promote use of the battery in other areas, including as a stationary power storage device in smart grids.

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