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FUNDING
June 15, 2009
Japan launches battery research
consortium
Japan's New Energy and Industrial Technology
Development Organization (NEDO) has formed a research consortium to
develop advanced batteries. They will support the effort with $214
million over seven years, according to a report
in Nikkei Electronics.
NEDO is a government research and development agency. The
project, Fundamental Scientific Research Project on Advanced Storage
Batteries, will be led by Kyoto University. The consortium has 20
other university, government and corporate members, including Toyota,
Nissan and Honda.
The project's goal is to develop a battery with three times
the capacity of current lithium-ion batteries in seven years, with
the ultimate goal of developing batteries with five times today's
capacity.
Back to ERN June 15, 2009
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