Energy storage firm Ioxus announced its working on a hybrid storage technology that combines the attributes of an ultracapacitor with a li-ion battery. The first designs will be aimed at power tools, off-grid lighting and handheld medical devices, they promise to store more than twice the energy of traditional ultracapacitors, and charging is done in a matter of seconds.
In the first quarter of next year, it plans to make available a second generation of the device, which could potentially be used in auto applications, according to Ioxus CEO Mark McGough.
Its first hybrid will store more than twice the energy of traditional ultracapacitors, and charging is done on the order of seconds, rather than hours as in the case of traditional batteries, according to the company.
The device, which is about the size of a C cell battery, won't propel a plug-in electric car. But it could be used for power tools, off-grid lighting, and handheld medical devices, according to McGough.