Sanyo To Build 30B Plant For Automotive Li-Ion Batteries
Green Car Congress
MAY 14, 2009
will spend about ¥30 billion (US$314 million) to build an automotive lithium-ion battery plant. Sanyo’s nickel hydride battery is installed in the Insight hybrid of Honda Motor Co. Sanyo has agreed to be acquired by Panasonic, which currently provides NiMH packs to Toyota and is developing Li-ion packs through its PEVE joint venture.
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