Bosch venture expects to offer improved lithium ion battery by 2020

Article by Anita Panait, on December 3, 2013

Robert Bosch GmbH and GS Yuasa Corp. are targeting to sell a lithium ion battery by 2020. This battery reportedly cuts production costs by half and delivers twice the energy density of current batteries, according to Wolf-Henning Scheider, the management board director in charge of Bosch's global automotive business.

Scheider disclosed that the goal was to start to put the batteries on the market to supply what is forecasted by the German company as increasing demand for electrified vehicles. He remarked at the Tokyo Motor Show that they expect around 12 million cars electrified by 2020, compared to the forecasted 2 million EVs this year, according to LMC Automotive. Currently, the cost and limited performance of today’s lithium ion batteries are considered as obstacles to the widespread adoption of electric vehicles and hybrids.

Lithium ion batteries are considered better than nickel-metal hydride ones since they are lighter and could hold more power. However, lithium ion batteries are more expensive and usually used in small city commuter EVs since they cannot store ample energy for regular long-distance travel. According to Scheider, sales targets for the venture have yet to be set, and it is too early to forecast the percentage of the projected 12 million units that Bosch will supply.

He remarked that their current aim is the development of the new lithium ion batteries. Under a partnership disclosed in June 2013, Bosch is collaborating with GS Yuasa and Mitsubishi Corp. to create a Stuttgart-based joint venture aimed at developing low-cost, high energy-density lithium ion batteries for electric and hybrid vehicles. Bosch will have a 50-percent holding, with GS Yuasa and Mitsubishi each taking 25-percent stakes.

Topics: bosch

If you liked the article, share on:

Comments

Recommended

t seems as if something had flown out of the drawing board. Kind of. Before the Korean carmaker holds its official debut this year, sketches of the updated 2018 Hyundai...
by - February 28, 2017
At the 2017 Mobile World Congress held in Barcelona, SEAT gave the public a taste of what it believes is the future of driving. For the company, this is about...
by - February 28, 2017
It was in April of last year when Honda first revealed plans that it was planning to build a plug-in hybrid version of the Clarity. There will also be an...
by - February 28, 2017
More efficient, more power and longer range. This is how we could best describe the electric version of the Volkswagen Golf for the 2017 model year. In terms of efficiency,...
by - February 28, 2017
If you think you’re all ready for the new 2018 Audi S4 sedan when it arrives in the United States this spring, then better make sure that your pockets are...
by - February 28, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries