Which part of the car of the future can cost more than half of the car, but has a lifespan a little better than a set of brake disks? The battery. No wonder that battery making is what suppliers focus on. If EVs catch on, you want to be in the battery business. Toshiba and Mitsubishi Motors have ganged-up to produce batteries together, says The Nikkei [sub].
For a year, Toshiba and Mitsubishi have been tinkering with a ‘super-charge ion battery’, or SCiB, which promises long life and fast recharging speed. Now they seem to be ready for a more formal arrangement. Several other companies have been or will be cementing similar battery-driven alliances.
Toshiba wants to produce SCiB batteries at their Kashiwazaki plant in Japan. On Friday,he Nikkei reported that Toshiba will supply lithium ion batteries for an electric vehicle that Mitsubishi Motors plans to roll out in the near future. The newspaper also said that PSA is interested to buy Toshiba batteries together with Mitsubishi Motors.