Nickel/metal hydride batteries today represent the fastest growing market segment for rechargeable batteries due to the high energy density and more environmentally acceptable chemistry offered by this technology. The high energy density of nickel/metal hydride batteries coupled with high power density and long cycle life make this battery chemistry a key enabling technology for practical electric vehicles, including cars, vans, trucks, and other forms of transportation such as scooters, bicycles, and three wheelers. This paper provides a review of Ovonic technology and up-dates recent developments in materials and cell development for both consumer electronic and EV applications, and highlights areas for future development.