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Toyota to build 3 hybrid battery plants by 2011
To meet demand for hybrid vehicles, Toyota is planning not one, not two, but three hybrid battery factories, one of which will produce the next-generation lithium-ion battery packs. According to Japan’s Nikkei newspaper, Toyota will spend around 70 billion ¥ ($673.1 million) on the plants with a goal to produce an annual battery output of 1 million units by 2011.

The current nickel-metal hybrid factory in Shizuoka will be expanded to accommodate some of the output.

Toyota is aiming to increase its worldwide sales of hybrids to... Read Article
Toyota to build 3 hybrid battery plants by 2011



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djrickpdjrickp - 5/23/2008 2:59:10 PM
+1 BoostDrop the Boost Up the Boost
Jeez, might as well put the rest of the article in your post.

"Toyota is aiming to increase its worldwide sales of hybrids to 1 million units a year by early 2010. The industry together sold 429,000 hybrids in 2007."

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hybridfarcehybridfarce - 5/23/2008 6:44:25 PM
+2 BoostDrop the Boost Up the Boost
These new plants are ultimately good for the US. About the only good thing about the crappy Dollar’s exchange rate is that more manufacturing capability moves back domestically, reversing a trend that began in the 1980’s. I’d rather have an American buy an American-built Prius than a Japanese-built Prius. And domestically-made batteries pave the way for cheaper electric vehicles!

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pedromarquinezpedromarquinez - 5/24/2008 7:46:51 AM
+2 BoostDrop the Boost Up the Boost
The plants are going to be built in Japan (Shizuoka Prefecture) sorry for the hope to see manufacturing coming back!
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