toyota to start lithium-ion battery output in 2009
TOKYO (Reuters)-
Toyota Motor Corporation (7203. T)
The battery joint venture will start producing longer batteriesLong lasting lithium
In 2009, the goal of ion batteries is to launch more electric vehicles in the next few years.
Toyota, the world\'s largest producer of gasoline
Electric hybrid cars are keen to mainstream this by reducing costs, as more consumers around the world demand higher fuel economy in record situations
High energy prices.
Battery joint venture with Panasonic Electric Appliance Industry Corporation (6752. T)
Nickel currently produced
A metal hydrogen battery used in a Toyota hybrid.
The company is building two new factories that will increase the capacity of 1 million batteries per year to about 2010. Full-
Scale production of lithium
Toyota said Wednesday that ion batteries will begin production in 2010, but declined to disclose planned production.
Many large automakers are working with battery manufacturers to develop lithium-
Ion batteries for cars.
They can store more energy in smaller packages and are considered key to extending the cruising distance of pure electric vehicles.
This battery is usually used in laptops and mobile phones.
Toyota, which hit the world\'s first hybrid vehicle in 1997, aims to achieve annual sales of 1 million hybrid vehicles worldwide shortly after 2010 --
More than twice as much as last year.
A total of 1 sold.
Since launching its first Prius ten years ago, there have been 5 million hybrids.
Yamada Wu, former chief engineer and executive vice president of Prius, told Reuters that due to difficulties in manufacturing key components abroad, Toyota will continue to produce most hybrid cars in Japan.
Toyota, the world\'s largest carmaker, also said it would set up a battery research unit of 50 engineers later this month to develop the next
A better generation of batteries than lithiumion batteries.
Domestic competitors of Nissan Motor Company7201. T)
Mitsubishi Motor Corporation (7211. T)
Joint venture with NEC (6701. T)
Group and GS Yuasa (6674. T)
Respectively to the public-Lithium production
Ion batteries starting next year.
Toyota says lithium will be used-
Ion battery in rechargeable plug
Hybrid cars will be available in Japan, the United States and Europe in 2010.
\"We plan to use nickel at the same time.
Lithium hydroxide metal
Ion batteries, choose the right choice according to the vehicle, \"President Katsuaki Watanabe outlined Toyota\'s environmental activities at a press conference.
Uchi Yamada says the third
The generation Prius due next year will continue to use nickel
Metal hydrogen batteries.
The battery supply is currently the biggest bottleneck in the production of hybrid cars, says uchi Yamada.
Toyota will showcase the new hybrid
At the Detroit auto show in January, there were only two luxury brands, Toyota and Lexus.
Toyota said on Tuesday it plans to start producing Camry hybrids in Thailand and Australia over the next two years in order to help meet its hybrid sales targets.