UPDATE 1-Asahi Kasei to make power storage system with Nissan, Omron

Newswire

(Follows alerts) Mar 1(Reuters) - Asahi Kasei Corp will team up with Nissan Motor Co and Omron Corp to develop an inexpensive power storage system made by recycled electric-vehicle batteries, the Nikkei business daily reported. The firm will recycle used batteries acquired from 4R Energy Corp, a joint venture between Nissan and Sumitomo Corp , the newspaper reported. Asahi Kasei aims to first develop a system based on a brand-new battery, and expects to launch sales in fiscal 2012 for ...

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