how many xmas presents had reo in them?, page-30

Hi Albatross -

Yes you are correct. Here is a link reporting the investment by Toyota and Matsushita in two new automotive battery plants: one for NiMH, one Li

http://www.greencarcongress.com/2008/05/report-toyota-a.html

NiMH for prius and Li for the plug ins. By volume, the NiMH still dominate by a big margin.

Also interesting comment at the bottom of this article from Toyota spokesman John Hanson:
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http://www.thedailygreen.com/living-green/blogs/cars-transportation/toyota-hybrids-batteries-461208

Finally, Toyota is bringing out its plug-in hybrid car. That car, with lithium-ion batteries, will be offered to fleet customers in Japan, Europe and North America in late 2009. Toyota is seriously into batteries, and Hanson points out the company owns 60% of a Japanese factory in partnership with Panasonic, and is building a second plant. By 2010, Toyota will be able to produce a million battery packs annually. Conventional Toyota hybrids are so far sticking with generally reliable nickel-metal-hydride batteries, he said.

“The rosetta stone is the battery,” Hanson says. “We’re now looking beyond lithium, and we think we’re further along than anybody. We have a million hybrids out there already, and we’re concerned about customers’ durability expectations when we introduce any new battery technology.”
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On another note - importance of latest big export quota cuts by Chinese should not be overlooked IMO. This is big news for LYC and ARU particularly.