DaimlerChrysler will invest heavily to ensure it does not have to depend solely on outside companies for battery development. DaimlerChrysler holds several patents for lithium-ion batteries they intend to use in hybrids released in 2009. That's a full year ahead of GM's planned release of the Volt! So, DaimlerChrysler may beat GM and Toyota in the lithium-ion battery race and hold all the rights to the technology.
- Lutz: GM will beat Toyota to market by 1 year on lithium-ion batteries
- Toyota VP bets $100 they make first lithium-ion vehicle