09/03/2009

On the 6th of February 2009 founder and chairman of Kokam International,
the largest manufacturer of lithium polymer batteries globally, made a visit to Australian client company Energetique.

During his visit, Mr JJ Hong took the evMe for a test drive and previewed Kokam’s new battery hailed as the next generation in lithium ion technology.

Scheduled for release in 2010, the new nano battery features a recharge
time of only seven minutes, a 25% increase in current energy storage capacity and a lifespan greater than 10,000 cycles.

This new nano battery represents a dramatic leap in existing battery
technology on a global scale and will soon make recharging an electric vehicle quicker, cheaper and more convenient than a visit to the local petrol station.

Delivered entirely by the battery itself, these new capabilities require no additional investment in supporting infrastructure making the concept of battery exchange redundant.

While visiting Australia, Mr Hong expressed interest in the possibility of
setting up a manufacturing facility in Australia to support future demand.
This strategic project would establish local capability in a core energy technology that would in-turn facilitate further innovation within Australian Industry.

Energy storage is the key to the successful uptake of electric vehicles. It is also this technology that has the potential to revitalise the manufacturing sector and help Australia capitalise on the development of the renewable energy resources.

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