Terry Blanton
Sat, 24 May 2008 08:04:14 -0700
http://www.startribune.com/business/19199614.html
Toyota building $192 million plant in Japan to produce batteries for gas-electric hybrid vehicles By YURI KAGEYAMA , Associated Press TOKYO - Toyota is building a $192 million plant in Japan to produce batteries for gas-electric hybrid vehicles, as it seeks to keep its lead in an intensifying race for green cars among the world's automakers. Toyota's joint venture with Matsushita Electric Industrial Co., which makes Panasonic brand products, is building the plant in Shizuoka prefecture, in central Japan, Toyota spokesman Paul Nolasco said Friday. He declined to give more details. The plant will produce nickel-metal hydride batteries, now in the company's hit Prius hybrid. <more>