Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Will Magnesium Batteries replace Lithium Ion?

Commodities / Metals & Mining Feb 04, 2011 - 03:35 AM GMT

By: Anthony_David

Commodities

As part of the global automakers’ efforts to improve ways of powering electric cars, Toyota Motor Corporation announced earlier this month that it is developing a magnesium based battery capable of storing double the energy stored by lithium ion cells. That would translate to a higher mileage on a single charge.


The need to move beyond lithium ion cells is best explained by engineer Jeffrey Makarewicz who manages Toyota’s US project. He said, “Going from nickel-metal hydride to lithium ion, you essentially double the energy capacity. Lithium ion theoretically, under ideal conditions, has a capacity of about 2,000 kWh. That’s still not enough to really make a very competitive battery that’s necessary for future plug-in, electric and hybrid-electric vehicles.”

Work on the magnesium-sulfur battery is primarily being carried out at Toyota’s technical center at Ann Arbor in Michigan. Makarewicz said that Toyota’s units at Torrance in California and in Japan are also exploring the potential of aluminum, calcium, lithium air and metal air batteries. He added that vehicles capable of functioning with alternative materials such as magnesium are expected to be ready by about 2020 at the earliest.

However, before popping the bubbly, it is important to remember that the research is still at very early stages. Further, Masaki Matsui, Toyota’s lead scientist on the project, has not revealed anything other than the fact that the battery’s carrier ion is magnesium. Consequently, the exact magnesium compound being researched is not known to anyone outside Toyota.

Experts do accept the fact that an electric car that can run over 500 highway miles on a single charge is still far from being a reality and auto makers would have to move beyond lithium ion to achieve that. However, since almost all the advanced battery research is still based on lithium, moving away from lithium ion does not necessarily mean moving away from lithium. It just implies a different lithium based technology.

Critics of Toyota point out that Toyota bemoaning the limitations of lithium ion cells reeks of sour grapes. The company made the announcement about the magnesium based technology almost immediately after other auto majors such as GM Motors, Nissan Motor Company and Ford Motor Company made announcements about their lithium ion battery developments during the Detroit Auto Show. In comparison, Toyota’s lithium-ion-powered EV is still considered to be a little behind the times and to make an announcement about a technology that is still 9 years away from being realized seems a tad far-fetched. In addition, since Toyota has already established an extensive supply-chain for lithium ion batteries, the company’s criticism of the technology is rather surprising.

So will magnesium be the new wonder element? It is still too early to tell and the auto world still has almost a decade to find out. The rush to find the most sustainable technology for plug-in hybrid and electric vehicles is not a new one and Toyota, among others, has long been on the quest for the best technology for its hybrid vehicles.

By Anthony David

http://www.criticalstrategicmetals.com

The mission of the Critical Strategic Metals Web Site

is to serve as a monthly compass for those who take a fundamental view of investment regarding the Molybdenum, Manganese and Magnesium metals markets, are concerned with the emerging critical under-supply of these strategic metals to Western nations and wish to profitability chart their course. Each month we will research and provide, in as short and concise a manner as possible, the most applicable information available on resources that will have the biggest impact on our day to day lives. Click here to sign-up for our FREE monthly report

© 2011 Copyright  Anthony David- All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in