(Adds details) TOKYO, May 28 (Reuters) - Sanyo Electric Co and Volkswagen AG said on Wednesday they would jointly develop lithium-ion batteries, joining an intensifying race to provide the key component for the next generation of hybrid cars. Sanyo, which has the biggest global market share of lithium-ion batteries used in personal computers and mobile phones, said it would spend 80 billion yen ($769 million) over the next seven years for the project, aiming to begin mass production in ...
Premium Content (PAID Subscription Required)
"UPDATE 1-Volkswagen, Sanyo to develop lithium-ion batteries" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.