Toyota Motor plans to produce lithium ion batteries next year for a plug-in hybrid vehicle available in 2010.
The company on Wednesday said that the plug-in hybrid will be "geared toward fleet customers in Japan, (the) United States, and Europe."
A joint venture between Toyota and Panasonic EV Energy plans to begin production of lithium ion batteries next year and move to full-scale production in 2010. Using the battery, Toyota plans to introduce a small electric vehicle for mass production.
Toyota's Prius, numbering a million sold, uses a nickel metal hydride battery. Lithium ion batteries, which are … Read more