Toyota To Boost JV Output Capacity For NiMH Batteries By 50%
14 July 2007
The Nikkei reports that Toyota Motor plans to build a new factory on the site of Panasonic EV Energy Co—its battery joint venture with Matsushita Electric Industrial Co.—to boost the annual production capacity for NiMH cells used in the automaker’s hybrid vehicles by 50%.
The new plant will increase the output capacity of Shizuoka Prefecture-based Panasonic EV Energy Co. to a level sufficient to produce NiMH battery packs for 750,000 vehicles per year.
Panasonic EV Energy will also manufacture lithium-ion batteries for future Toyota hybrids.
TrackBack URL for this entry:
Listed below are links to weblogs that reference Toyota To Boost JV Output Capacity For NiMH Batteries By 50%: