Toyota digs for Lithium
Revenge of the Electric Car
JANUARY 20, 2010
percent, roughly in line with other auto shares. 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. STEP CHANGE IN DEMAND.
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