Flexible Electronics News

Energy Conversion Devices to Divest Ovonic Battery Company

OBC invented the NiMH rechargeable battery technology

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Energy Conversion Devices, Inc. (ECD) announced that it is initiating a process to divest its Ovonic Battery Company (OBC) subsidiary. OBC’s principal activities are licensing its advanced battery technologies (including nickel-metal-hydride (NiMH) and lithium-ion technologies), participating in joint development programs to support application of these technologies, and manufacturing mixed-metal hydroxide cathode materials for sale to its licensees for use in battery production. OBC in...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters