Lithium Technology Corporation (LTHUQ)

[Gbathat]

article about toyota's lithium pullback

interesting editor's note at the bottom of this article... makes you wonder if lthu's prius was far superior to Toyota's! Maybe they'll want to strike a deal with lthu! That'd be sweet.

article from http://news.windingroad.com/safety/japan-report-toyota-postponing-lithium-ion-prius

Toyota is postponing the use of lithium-ion batteries in the next Prius, according to Japan’s Nikkan Kogyo newspaper, citing safety concerns.

Lithium-ion batteries are big in consumer electronics: compact, light, and packing a sizable storage capacity, they can also bring trouble. Remember the exploding PC battery scandal that rocked Sony last year?

Compared to the nickel-metal hydride battery pack in the current Prius, lithium-ion would be the neater, more technologically advanced solution, and in Toyotaspeak are “close to the level at which they can be mounted in cars.” But, the paper says, Toyota has put caution before innovation this time round… and being mindful of Toyota’s quality issues and soaring recall rate of late, maybe that’s a sound choice.

EDITOR’S NOTE: Interestingly, the news coincides with Lithium Technology Corporation’s announcement that they’ve retrofitted a current-model Prius with plug-in lithium phosphate cells, giving the car a mileage equivalent in excess of 125 miles per gallon. Read more about it at the link below.