TOKYO, Jun 24, 2009 (The Yomiuri Shimbun – McClatchy-Tribune Information Services via COMTEX) — YUSBF | Quote | Chart | News | PowerRating — Mitsubishi Corp., a major trading house, Mitsubishi Motors Corp. and GS Yuasa Corp. will jointly build a new manufacturing plant for large-size lithium-ion batteries for use in electric vehicles, The Yomiuri Shimbun learned Wednesday.
Construction of the plant is expected to start as early as autumn with 2011 targeted for its operational startup.
The joint project, which calls for a total investment of more than 10 billion, comes in response to MMC’s future plan to increase production of its electric vehicle, the i-MiEV, which will be launched in late July, industry sources said.
Recent Comments