The buzz around lithium ion battery technology is simply amazing because the jump from consumer electronics devices to electric vehicles was huge.

The pioneer in this field was Tesla Motors because the company built a battery pack consisting of 6,831 laptop-cells for the Roadster. Today Panasonic decided to put a new spin on things by producing nickel metal hydride and lithium ion batteries for Toyota’s hybrid and plug-in vehicles.

Apparently Panasonic discovered a new and cheaper method for connecting the cells by using existing production facilities.

Even so, the critics are a little bit skeptics because there’s a big chance that the EV sales will climb to the roof and this approach will still be insufficient.