This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

IBM Research Boosts Battery 500 Project With New Materials Partners













SAN JOSE, Calif., April 20, 2012 /PRNewswire/ -- IBM (NYSE: IBM) today announced that two industry leaders -- Asahi Kasei and Central Glass -- will join its Battery 500 Project team and collaborate on far-reaching research with the potential to accelerate the switch from gasoline to electricity as the primary power source for vehicles.

(Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO)

In 2009, IBM Research pioneered a sustainable mobility project to develop lithium-air battery technology capable of powering a family-sized electric car for approximately 500 miles (800 km) on a single charge.

As partners in the Battery 500 Project, Asahi Kasei and Central Glass bring decades of materials innovation for the automotive industry to the team. They will expand the project's scope and, although the scientific and engineering challenges to its practical implementation are extremely high, exploring several chemistries simultaneously increases the chance of success.

  • Asahi Kasei, one of Japan's leading chemical manufactures and a leading global supplier of separator membrane for lithium-ion batteries, will use its experience in innovative membrane technology to create a critical component for lithium-air batteries.
  • Central Glass, a leading global electrolyte manufacturer for lithium-ion batteries, will use its chemical expertise in this field to create a new class of electrolytes and high-performance additives specifically designed to improve lithium-air batteries.

"These new partners share our vision of electric cars being critical components of building a cleaner, better world, which is far less dependent on oil," said Dr. Winfried Wilcke, IBM's Principle Investigator who initiated the Battery 500 Project. "Their compatible experience, knowledge and commitment to bold innovation in electric vehicle battery technology can help us transfer this research from the lab onto the road."

Most electric vehicles can only travel about 100 miles before needing to recharge using today's lithium-ion batteries. This is a significant barrier to electric car adoption unless a new battery technology can be developed that is affordable, lightweight, compact and has the capacity to power a typical family car several hundred miles or more on a single charge.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,669.36 -211.00 -1.25%
S&P 500 1,940.83 -29.24 -1.48%
NASDAQ 4,387.2720 -75.63 -1.69%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs