There is more evidence that Toyota isn't ready to give up on NiMH batteries just yet. Panasonic EV Energy, the joint venture of Toyota and Matsushita to produce batteries for hybrid vehicles is putting up a new plant next their existing facility Shizuoka Prefecture to crank up capacity by fifty percent.
The extra production capacity will allow Panasonic EV Energy to provide battery packs for up to 750,000 hybrid vehicles per year. Eventually the joint venture company will also supply lithium packs to Toyota, but first Panasonic will have to learn how to make robust lithium packs.

[Source: GreenCarCongress]


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