FDK and Asahi Kasei Form Lithium Ion Capacitor JV | REVE News of the wind sector in Spain and in the world

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FDK and Asahi Kasei have established a joint-venture company for their combined business operations related to the lithium ion capacitor (LIC), a next-generation energy storage device.

The new joint venture will be focused on accelerating the development of the LIC market by combining the superior technologies of the two companies in order to expand operations and heighten corporate value.

As LICs are increasingly well-known for having higher cell capacity than conventional electric double-layer capacitors (EDLCs) and longer life than lithium-ion batteries (LIBs), demand for them is anticipated to grow most notably in applications for construction equipment, uninterruptible power supplies, and electric vehicles.

The new joint-venture company, 51% owned by FDK, 49% by Asahi Kasei, will play a leadership role in the LIC market, which is expected to grow to over JPY 100 billion from 2015 onward.