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Panasonic Group confirms it will supply Li-ion batteries for Toyota Prius Plug-in Hybrid

Green Car Congress

Given the growing public concern for conserving the environment and escalating oil prices, the demand for rechargeable batteries for eco-friendly vehicles is expected to grow rapidly. In response to this, the Panasonic Group is enhancing its development abilities and strengthening its business for rechargeable batteries for vehicles.

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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

Toyota uses nickel-metal-hydride batteries for the current Prius hybrid but has decided on lithium-ion batteries for future plug-in models. . “As environmentally friendly electric car demand continues to grow, Toyota Motor will have the opportunity to become a cornerstone offtake customer,&# Orocobre said in a statement.

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