The Nikkei reports that Sanyo Electric Co. plans to raise its output capacity for automotive lithium ion batteries by 150% to the equivalent of some 1 million hybrid vehicles annually through a roughly ¥15 billion (US$180.7 million) investment in a key plant.
Sanyo will boost production of lithium ion batteries for automobiles at its Kasai plant. The firm will double production lines at the Kasai plant in Hyogyo Prefecture, completed this year, to four as early as fiscal 2011. The new lines will mass-produce large batteries with capacities of 20 ampere-hours or higher for use in plug-in hybrids and electric vehicles.
Sanyo already produces lithium ion batteries for hybrid vehicles made by the Volkswagen AG group. It will also supply them to a hybrid that Toyota Motor Corp. is working toward launching early next year and plans to do the same for Ford Motor Co. hybrids.
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