NEC, FHI to Co-Develop Rechargeable Batteries.(NEC Corp., Fuji Heavy Industries Ltd. form NEC Lamilion Energy Ltd. joint venture)(Brief Article)
Electric Vehicle Online Today, May, 2002
NEC Corporation and Fuji Heavy Industries, Ltd. (FHI) recently signed an agreement to form a new joint venture company -- NEC Lamilion Energy, Ltd. -- that will advance the development of a manganese lithium-ion type rechargeable battery for automobiles.
According to NEC and FHI, hybrid, electric and fuel cell vehicles will require thinner, lighter, more compact, higher-performance and more competitively priced batteries. NEC said its laminate manganese lithium-ion cell, coupled with FHI's automotive battery pack, will "complete a battery pack that can be applied as the new power source" for next-generation automobiles.
NEC and FHI said the new company will begin with an initial workforce of 21 employees. Paid-in capital of NEC Lamilion Energy is...
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