Sanyo Unveils New Factory for Eco-Friendly Lithium Ion Batteries
Sanyo Electric Company has announced the completion of their new factory in Hyogo, Japan, which will be the new production facility for litihum-ion rechargeable batteries made for eco-friendly vehicles. With close to 13 billion yen invested into the 42,831sq m plant, Sanyo will be able to produce one million cells per month to start and will increase their production scale to further meet the needs of the inevitable demand for eco-friendly vehicles.
The Japanese company has been the leading supplier of nickel-metal hydride (NiMH) batteries to various hybrid vehicles made by Volkswagon, Ford and Honda. Currently, Sanyo has been working with Volkswagon in creating a lithium-ion battery for their new hybrids still to come. Sanyo will also supply Suzuki with the rechargeable litium-ion batteries for its hybrid plug-in fleet vehicles.
Sanyo is a leader in manufacturing rechargeable battery technologies and hopes to provide 40% of the world’s market in rechargeable automotive batteries by 2020.
Category: Battery News
