Tokyo, Japan – Sanyo Electric has completed construction of a new factory in its battery plant in Kasai, Japan, capable of producing one million lithium-ion cells per month for use in electric vehicle batteries.
The company is also co-developing lithium-ion batteries for hybrid electric vehicles with the Volkswagen Group, while its batteries for plug-in hybrid electric vehicles will be used by Suzuki.
Sanyo already supplies nickle-metal hydride (NiMH) batteries for hybrid vehicles to Ford, Honda and Volkswagen, and co-develops them for PSA Peugeot Citroën.
The production scale of one million cells per month will be expanded, depending on demand. Sanyo said it is focusing on a global expansion of its rechargeable battery business for vehicles, making aggressive investments in the business.