TMCnet News
E-One Moli Energy to Bolster Lithium-Ion Battery Production(Wireless News Via Thomson Dialog NewsEdge) E-One Moli Energy Corp. reported that it will boost production of rechargeable lithium-ion batteries in 2008. The company noted that it plans to raise its lithium-ion battery output up to 30 percent to meet the demand. E-One Moli (Molicel) will raise the monthly production at plants in Tainan, Taiwan, and Vancouver, Canada to raise production capacity of lithium-ion cells to 30 percent. The expansion plan is divided into two phases. The first phase is planning to be completed at the existing site in the end of March 2008; the second phase will introduce after it. E-One Moli (Molicel) plans to increase its share of the lithium-ion battery market in the next two to three years. Taking cyclical risk into account, E-One Moli (Molicel) will expand at a steady pace to avoid falling into full-scale competition and at the same time focus on the enormous market potent of laptop-computer, cordless power tool, and electric or hybrid-electric vehicles markets. ((Comments on this story may be sent to [email protected])) ((Distributed on behalf of 10Meters via M2 Communications Ltd - http://www.m2.com)) ((10Meters - http://www.10meters.com)) Copyright ? 2008 Wireless News |