Battery Stock News: Volt Carbon Technologies (TSXV: VCT) Announces Subsidiary Solid Ultrabattery as a Successful Applicant of the Horizon Fund Competition
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As the global economy adapts to the transition away from carbon-based sources of energy, there is an increased focus on the use of renewable energy to provide a zero-emission source of electrical power. An integral part of the solution is batteries and energy storage systems. One Japanese company that is leading the field in this respect is The Furukawa Battery Company (Furukawa Battery).
Furukawa Battery traces its origins back to 1914, when Furukawa Electric established its battery factory in Amagasaki City, Hyogo Prefecture, and started production of lead-acid batteries. In 1950 Furukawa Electric spun off its battery business, and Furukawa Battery as a separate company was formed. Since then, the company has continued to evolve & expand, and now employs over 2,400 people.