Lithium Batteries for Submarines

• Toshiba eyes military, commercial sales of lithium batteries
• South Australia expects to benefit from battery tech, facilities
• Australia to pick submarine design this year

Japan has enlisted electronics firm Toshiba Corp <6502.T> to help it try to win Asia's biggest defence contract, a A$50 billion ($36 billion) deal to build a dozen submarines for Australia, three sources said.
Toshiba is considering building a factory in Australia to make lithium-ion batteries to power the vessels, said the sources who are familiar with the plan but not authorised to talk to the media