VW, Sanyo to Collaborate on Lithium-Ion Auto Battery. By Chisa Fujioka, Reuters, May 11, 2008. "German carmaker Volkswagen and Japan's Sanyo Electric Co will jointly develop a lithium-ion battery to be used in hybrid and electric cars, the Nikkei financial daily reported on Sunday. Volkswagen will aim to start importing and using the battery in its hybrid and electric cars by 2012... The move comes after plans by Nissan Motor Co and NEC Corp to start mass-producing lithium-ion batteries... [which will] be smaller and lighter than nickel-hydrogen batteries [in current use], enabling the car's weight to be cut by 200-300 kilograms... Sanyo, which has the biggest global share of lithium-ion batteries used in personal computers and mobile phones, plans to invest nearly 100 billion yen ($973 million) to make and develop them over the next three years."
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