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Home | Green Cars News | Technology | Sanyo to Develop Lithium-Ion Batteries with Ford and Honda

Sanyo to Develop Lithium-Ion Batteries with Ford and Honda

19 June, 2008 12:54:00
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After announcing partnership with VW, Sanyo may jointly develop lithium-ion batteries for next-generation hybrid vehicles with Honda and Ford.

In a recent interview, Sanyo President Seiichiro Sano said the company may develop such batteries jointly with Honda and Ford if the products serve the needs of the Japanese and U.S. automakers.

Sanyo recently agreed on joint lithium-ion battery development with German's Volkswagen AG. The Japanese firm currently supplies nickel-metal hydride batteries to Honda and Ford for vehicles sold in the North American market.

Sanyo will have to team up with a wide range of Japanese and foreign automakers to achieve its target of raising its share of the global lithium-ion battery market to at least 40% by 2015, the president said.
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