Tag: e-Zinc

Mitsubishi Heavy Industries, Ltd. (MHI) announced today that it has invested in e-Zinc, Inc. (e-Zinc) a long-duration energy storage technology startup headquartered in Toronto, Canada. The investment has been executed through Mitsubishi Heavy Industries America, Inc. (MHIA), which joins a consortium of investors including Evok Innovations, Toyota Ventures, Eni Next and others. Leveraging its proprietary technology, e-Zinc is developing zinc-air batteries that can supply power long-term at a low cost. Zinc-air batteries are expected to offer advantages such as less self-discharge, less degradation through repeated use, higher safety, and easier reuse compared with conventional lithium batteries. They also feature higher ... Read more