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Toyota Plug In

Plug In Partners

Lithium-ion batteries , now common in laptops, produce more power and are smaller than nickel-metal hydride batteries used in hybrids now. Event Summary Oil prices are at record highs. Plug-in electric vehicles have the potential to significantly reduce the United States’ dependence on oil.

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Toyota digs for Lithium

Revenge of the Electric Car

percent, roughly in line with other auto shares. STEP CHANGE IN DEMAND. Toyota uses nickel-metal-hydride batteries for the current Prius hybrid but has decided on lithium-ion batteries for future plug-in models. The stock has risen almost 10-fold in the past 12 months, and closed up 32 percent at A$1.85.

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