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.
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A global race for the plug-in hybrid battery hits the back stretch

Li-Ion is 30 percent smaller and 50 percent lighter than the batteries used in current hybrids
, it appears to be the battery of choice for the next generation of hybrid-electric vehicles, including cars with the potential to achieve over 100 miles per gallon.
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GS Yuasa plans battery plant for elec cars, partner with Mitsubitshi

TOKYO, Aug 6 (Reuters) – A joint venture led by car battery maker GS Yuasa Corp (6674.T: Quote, Profile, Research) will start production of lithium-ion batteries with output five times bigger than originally planned to stay ahead of rivals as a key supplier for electric vehicles, the Nikkei business daily reported on Wednesday.
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Hitachi Maxell to Roll Out Li-ion Battery w/ Si Alloy Electrode in 2009

At the meeting, the company also announced that it will install manufacturing equipment for electrodes of Li-ion rechargeable batteries for use in electrically-powered vehicles such as hybrid cars, plug-in hybrids and electric cars. The equipment will be built in a new plant in Kyoto, Japan, and its operation will start in March 2009, according to the company.
Source: techon.com Read More...