Russia Building World's Largest Li-Ion Battery Plant

MikeChino writes "Russia and China are gearing up to dominate the lithium-ion battery industry by launching the world's largest Li-ion plant (press release). Planned for Novobirsk, Russia, the facility will be a joint venture between Chinese firm Thunder Sky and RUSNANO (a Russian state-run corporation) and it will be able to produce up to 500,000 batteries (of all sizes) per year."

Comments

If China treats this like they did Solar Panels

[Marxist Hacker 42]

This might just kick the electric car into mainstream mass production, as the cost of reasonable battery technology falls below production costs with illegal subsidies.