Company

Electro Energy is a leading supplier of advanced rechargeable batteries in North America, as well as the only domestic high-volume manufacturer of cylindrical rechargeable Li-Ion cells.

Batteries have become an increasingly critical component in every sector of the economy.

For example:

• Consumer mobile technology is increasingly dependent on lighter, longer-lasting, safer batteries.
• “Green” transportation initiatives, from personal transportation to municipal fleets, are seeking advanced energy storage solutions to reduce fuel consumption and pollution. These initiatives include hybrid electric vehicles (HEV) and plug-in electric hybrid vehicles (PHEV).
• The utility industry, faced with increasing demands on power, is looking for energy storage solutions for backup (e.g., UPS and auxiliary power supplies) and to even out energy usage across the grid (e.g., peak shaving and load leveling).
• Aerospace and military applications have always relied on battery power, and continue to search for advancements in energy storage to lighten loads and extend mission life.
  

Only Electro Energy offers its customers a domestically produced range of advanced batteries and energy storage solutions spanning multiple chemistries (including NiMH, Li-Ion, and NiCd) and cell structures (including cylindrical, prismatic, and the company’s revolutionary bipolar technology).

Electro Energy’s bipolar battery technology was recently recognized by Frost & Sullivan as the “Emerging Technology of the Year,” for “demonstrated technological superiority within its industry.”

The bipolar technology challenges the assumptions previously made about battery performance. This technology enables crucial breakthroughs in commercial applications by eliminating the constraints of conventional monopolar batteries. The bipolar technology addresses the fastest growing segment of the worldwide rechargeable battery markets, which are expected to exceed $18 billion by 2010.

Electro Energy owns both the patented design of bipolar Ni-MH batteries and the production process for manufacturing the batteries. The company is also developing a Li-Ion Polymer design modeled after the proven bipolar design using NiMH chemistry. The demand for Li-Ion cells is increasing at a yearly rate of 6-7 percent worldwide for use in laptop computers, two-way radios, medical devices, military equipment and other applications.