Noticed this recent announcement by Nec and Nissan
As the race to produce environmentally friendly cars heats up, Nissan Motor Co. and technology giant NEC Corp. announced Monday that next year they will begin mass-producing lithium-ion batteries, a key technology needed for electric cars.
Nissan and NEC plan to invest a combined 12 billion yen ($115 million) in the battery project over the next three years, starting with capacity of 13,000 units a year, at first supplying batteries for Nissan forklifts. The joint venture, Automotive Energy Supply Corp., expects production of 65,000 units annually by 2011, mostly for cars.
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