Toyota To Increase Hybrid Car Battery Production Capacity
Published:15-June-2009
By Staff Reporter
Toyota Motor is planning to increase the production capacity of its nickel-metal hydride (NiMH) batteries used in its Prius hybrid cars.
The company plans to produce 1.1 million NiMH batteries in 2010, the Nikkei business daily reported.
Panasonic EV Energy, a joint venture between Toyota and Panasonic Corp, aims to install an additional line at its Omori Factory, and build a plant in Miyagi Prefecture, the daily said. Panasonic EV Energy supplies NiMH batteries to Toyata.
Toyota is going to increase the production of Prius to meet better-than-expected demand for the latest version of its top-selling hybrid.
