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Article: Toyota hybrid battery partner boosts output.(News)(Toyota Motor Corp.)(Brief article)
- Article from:
- Automotive News
- Article date:
- February 25, 2008
- Author:
CopyrightCOPYRIGHT 2008 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Hans Greimel
If battery output is any indication, Toyota is gearing up for much higher hybrid sales.
Panasonic EV Energy Co. plans to churn out 800,000 hybrid-vehicle batteries in 2009. About 95 percent will go to Toyota Motor Corp., according to Panasonic EV Energy.
The production plan underlines Toyota's optimistic outlook for hybrid-vehicle sales. The automaker is aiming for worldwide annual sales of 1 million units in the early 2010s. In 2007, Toyota sold 429,000 hybrids.
Panasonic EV Energy was founded in 1996 as a joint venture of Toyota and Matsushita Electric Industrial Co. To meet growing demand, the venture built a ...
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Article: Panasonic EV Invests in HEV Batteries.
Electric Vehicle Online Today;
July 28, 2000 ;
581 words
...Panasonic EV Energy Company recently announced that it ... electric vehicle (HEV) batteries. Panasonic EV is an automotive joint venture between ... Matsushita Electric Industrial Company. Panasonic EV said it has purchased electrodes from ...
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