Sanyo and Volkswagen announced an agreement on Wednesday to make lithium-ion batteries for hybrid electric vehicles, turning up the competition in the field for energy-efficient cars.
Sanyo intends to open a factory to make the batteries in 2010 and Volkswagen plans to introduce a car with them the same year, according to a Bloomberg report. The first car to get the batteries will be an Audi AG, Reuters reported.
The pact also calls for the two companies to make software to electronically control the batteries.
Sanyo already provides nickel metal hydride batteries for Ford and Honda.
Lithium-ion batteries are growing … Read more