Sanyo seeking new customers for lithium ion batteries
Using something of a shotgun approach, Sanyo says it's in talks with 5 or 6 different companies on three different continents.They had already been cooperating with Volkswagen on lithium ion batteries for hybrids coming to market in 2010. Volkswagen is also presumed to use that company's batteries for its planned all-electric vehicles as well. In a boast to Reuters, Sanyo Electric Senior Vice President Masato Ito said of their nearest competitor, "By the time Matsushita has raised its capacity to 75 million, ours will be well over 100 million." We can only hope that all this increased investment and battery braggadocio will result in lower prices.
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