Hitachi enters hybrid battery venture
#1
07-04-2004, 01:56 PM
Japan's Hitachi Ltd., Hitachi Maxell Ltd. and Shin-Kobe Electric Machinery Co. Ltd. said Wednesday they had formed a joint venture to make rechargeable lithium-ion batteries for hybrid cars.
The venture, aimed at tapping into the growing market for hybrid vehicles and valued at ¥1.5 billion, or $13.86 million, is owned 43.7 percent by Shin-Kobe, 36.7 percent by Hitachi (HIT: Research, Estimates) and 19.6 percent by Hitachi Maxell.
View entire article here.
The venture, aimed at tapping into the growing market for hybrid vehicles and valued at ¥1.5 billion, or $13.86 million, is owned 43.7 percent by Shin-Kobe, 36.7 percent by Hitachi (HIT: Research, Estimates) and 19.6 percent by Hitachi Maxell.
View entire article here.
Thread
Topic Starter
Forum
Replies
Last Post
kengrubb
Journalism & The Media
1
08-11-2009 02:20 AM
Jason
Hybrid & Related News
1
05-29-2008 04:52 AM
