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Article: Ovonic Battery Co. to Raise Electric-Car Unit Production in Michigan.(Originated from Detroit Free Press)
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- May 29, 1996
- Author:
CopyrightCOPYRIGHT 1996 Knight-Ridder/Tribune Business News. 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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May 29--Ovonic Battery Co. will add 50 to 60 jobs over the next year to quadruple the number of electrodes it makes for use in nickel metal hydride batteries that power laptop computers, cellular phones and electric cars.
The $5-million-to-$8 million expansion includes new equipment and more space at Ovonic's complex of offices and manufacturing plants in Troy, company president Subhash Dhar said Tuesday.
Ovonic's recent agreement with Honda Motor Co. to supply batteries for its early 1997 electric car will lead to a boost in production for electric vehicle battery packs.
Nickel metal hydride batteries have achieved longer life between rechargings than ...