Panasonic 18650 High Capacity Lithium Batteries
Panasonic and Polypore's Celgard subsidiary have signed a letter of intent to work together in the development of coated and uncoated Celgard brand separators for next generation lithium-ion batteries (cylindrical).
It's expected that shortly after the development process is completed, the parties will enter into a long-term supply agreement.
As we don't know any details, we just hope that there is some potential for further improvements in cylindrical batteries to have even longer range electric cars.
Robert B. Toth, President and Chief Executive Officer of Polypore stated:
"We are very pleased to have the opportunity to work closely with an industry leader such as Panasonic on this development initiative and to further solidify our partnership with them. It demonstrates the commitment of both of our companies to improve lithium-ion battery technology and meet ever-increasing demands in high performance applications. Together we are well positioned to meet future market demands and growth."
Dr. Munehisa Ikoma, Senior Executive Engineer, of Panasonic AIS Company commented:
"We are taking this step because we know Polypore is the leader in developing and manufacturing highly-functioning lithium-ion battery separators. Polypore will be a valuable partner because they are capable of meeting technology and capacity needs in support of Panasonic's future growth globally."