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Japan: Nissan, NEC to spend $1 bln on battery output

TOKYO, Dec 29 (Reuters) – Japan’s Nissan Motor Co (7201.T) and NEC Corp (6701.T) will invest at least $1.1 billion to make lithium-ion batteries for about 200,000 electric and hybrid cars annually in 2011 or later, the Nikkei business daily said on Monday.
Source: Reuters

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