Russia Building World's Largest Li-Ion Battery Plant 128
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."
If China treats this like they did Solar Panels (Score:5, Insightful)
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.
Re:In Soviet Russia (Score:4, Insightful)
Re:Li? (Score:4, Insightful)
China and Russia? Those two are among the major producers of lithium.
And the two counties with the lowest product standards and safety laws.
Re:Li? (Score:4, Insightful)
Not even close. The problem in both is failure in making companies follow the laws that are in place, not making laws. At least a third of countries in the world has worse product standards and safety laws then China and Russia.