Sanyo Says It Sees Big Hike in Battery Business as Demand Grows for Hybrid Cars

Think they know something? Less than a week after Hitachi said it will increase production of lithium ion batteries for electric vehicles and plug-in hybrids in anticipation of a flood of new business, Sanyo Electric says it will quadruple its production of nickel-metal hydride and lithium-ion batteries for hybrids as demand for the fuel efficient vehicles rises. ———- Sanyo sees big jump in demand for batteries like this

Tagged as: Batteries, Electric Vehicles, Hybrid, lithium-ion batteries, Plug-ins and Electric, Volkswagen