Lithium Battery Maker Eyes Hybrid, Fuel-cell Vehicle Markets

Start-up battery maker sees opportunity for lithium technology in hydrogen initiative.

Published: 18-Feb-2003

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Associated Press

When President Bush talks about clean-burning hydrogen fuel cells, a Pennsylvania startup company sees dollar signs.

Lithium Technology Corp. says hydrogen fuel-cell vehicles of the future, as well as hybrid gasoline-electric vehicles appearing on the roads today, will need the kind of large rechargeable lithium battery assemblies it can make.

LTC says automakers' hunt for greater fuel efficiency also means potential demand for its advanced batteries which store more power, produce less heat and have a flatter, easier-to-package shape than the lead-acid and nickel-metal hydride batteries currently in use.

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