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The McGill Daily reported that Hydro-Québec and Technifin will share their lithium licensing to advance battery technology.
The McGill Daily reported that Hydro-Québec and Technifin will share their lithium licensing to advance battery technology.
As quoted in the market news:
The agreement was reached in an effort to encourage the commercialization of their lithium titanate spinel oxide (LTO) technologies, which are of particular interest to rechargeable lithium-ion battery manufacturers for use in the emerging electric automotive industry. Pike Research, a Colorado-based clean technology market research firm, forecasts that the market for lithium-ion batteries for transportation will grow from $2 billion annually in 2011 to more than $14.6 billion by 2017.
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