Report: Sanyo Plans Mass Production of Li-ion Batteries for Plug-in Hybrids and EVs by Fiscal 2012; Targeting 40% Market Share by FY 2020
Green Car Congress
MAY 3, 2010
The Nikkei reports that Sanyo Electric plans to launch mass production of lithium ion batteries for plug-in hybrids and electric vehicles by fiscal 2012 as part of a ¥200-billion investment (US$2.126 billion) over the next three years in rechargeable batteries and solar cells.
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