Sanyo Electric to invest $180 million to boost lithium-battery output by 150%

Article by Christian Andrei, on December 29, 2010

Sanyo Electric Co. will invest about $180 million (15 billion yen) in a key plant in order to increase its annual output capacity for automotive lithium-ion batteries by 150%, according to a report from the Nikkei business newspaper.

It was also reported that batteries for plug-in hybrids and electric vehicles will be built in Sanyo's production lines at the Kasai plant in Hyogyo Prefecture, which in 2011 will double to four lines. The business daily also said that the company manufactures lithium-ion batteries for hybrid vehicles from the Volkswagen AG.

Nikkei said that by raising capacity, Sanyo intends to use the plant as its main supply base for three automakers. This plant is already one of those that have the highest production capacity in the world for automotive lithium-ion batteries.

The daily said that Panasonic Corp., which is expected to convert Sanyo into a wholly owned unit next spring, is seeking to put automotive lithium-ion batteries as a pillar of its group operations.

Tokyo firm Techno Systems Research Co. had recorded that with a combined share of 26%, Sanyo and Panasonic were the leaders in the global market for cellular phone lithium-ion batteries from July to September.

The team is expanding operations as part of efforts to be the worldwide leader when it comes to automotive lithium-ion batteries. [via autonews - sub. required]

Topics: investment

If you liked the article, share on:


Login or Create new account to add a comment!


We’ve seen quite a lot of intriguing stories in the age of Internet (where the most interesting part was revealed before the story unfolds). Some are from movies and novels...
by - October 26, 2016
Many people have long known that the new 2018 RS5 was being developed by Audi AG. Enthusiasts the world over were excited when a prototype was seen running on the...
by - October 26, 2016
It was only recently when BMW officially debuted the new 2017 5-Series Saloon (G30) online. At that time, this range revealed that it had driving dynamics that was the best...
by - October 26, 2016
Starting early 2017, the new Audi Q7 will be available with the new 2.0-liter TFSI four-cylinder engine that makes it not only faster but also lighter and more efficient than...
by - October 25, 2016
Soon, Fiat Chrysler’s Dodge brand will be ending the production of the Dodge Viper. So practically, the 2017 Dodge Viper will be the last Viper up for grabs. Gerry Wood...
by - October 25, 2016