China Lithium Technologies has unveiled its newly developed Lithium Magic Cube product series which allows an electric vehicle’s battery system to be upgraded from lead-acid batteries to lithium-ion batteries. The Lithium Magic Cube series also weigh one-third of a comparable lead-acid battery. There was no mention of the cost differential which is expected to be considerable.
Kun Liu, chief executive officer of China Lithium Technologies, said, "The 60Ah/80Ah lithium-ion battery’s technology allows consumers to replace lead acid batteries in automobiles with lithium-ion batteries, without further modification to the vehicles – a major breakthrough in battery technology."
MarketWatch further quoted Kun as saying, "We are extremely well-positioned in the market as the PRC government continues to boost its support for lithium-ion battery technology."
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