The development of the battery industry has a historical role in satisfying internal needs particularly in Japan. In Japan, the battery business has become a dispensable part of the corporation through diversified business practices. In addition, strategic cooperation among manufacturers in the supply chain has become a means of formation of a new battery company.

2011 is the commencing year for the next five-year plan for the Chinese government which put a great emphasis on 7 emerging industries that can help achieve energy-saving and carbon-reducing targets.

There has been significant progress in the technology development of batteries adopted in electric vehicles (EV) and hybrid electric vehicles (HEV): in addition to the increased energy density, the battery can be recharged for thousands of times. With an adequate utilization of these technology breakthroughs by engineers, EV and HEV are provided with an edge to compete with traditional vehicles in terms of cost, reliability and lifespan.

The electrical grid, which provides for our daily needs, is immense and has existed over the past few decades. The electrical grid completes the long term electricity transmission through high-voltage wires from thermal, hydroelectric, nuclear and other types of power plants to regional transformer stations, where the high-voltage electricity is transformed into low-voltage electricity and transmitted to households and factories for their uses.