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Monday, January 17, 2011
Lithium Drive: Report: Toyota to make li-ion batteries for plug-in hybrids starting this fall tnr.v, czx.v, lmr.v, rm.v, alk.ax, sqm, fmc, roc, lit, li.v, wlc.v, clq.v, res.v, ree, avl.to, nsany, f, gm, rno.pa, dai, byddf, hev, aone, vlnc
at 1:49 PM
This move by Toyota to Lithium batteries for its Plug-In Hybrids will have a huge implications for the whole lithium industry. Toyota's Prius is the leader in Hybrid sales and even if the batteries are smaller in the Hybrids, than those ones in pure Electric Cars, numbers on the sale side are adding up very fast.
Toyota has a long history of discussing different batteries in the headlines, but moving fast into another direction with actual technology - they have announce quite a few times that lithium technology will not be cost effective, but later bought a stake in an upcoming lithium producer and now move to the lithium its Plug-In Hybrid fleet.
Upcoming EV RAV-4 will be powered by Tesla lithium technology as well.
Upcoming EV RAV-4 will be powered by Tesla lithium technology as well.
"U.S. Hostage to China for Rare Earth Minerals Already and Lithium in The Future. Nothing is changing under the sun in the US Corp. so far - America is under the oil lobby stronghold and if you would like to understand the real situation, just talk to the junior miners in Lithium and REE sectors. Chinese, Koreans and Japanese companies are the only one on the road now, buying all available projects in Lithium and REE space.
Facebook is great, but how are we going to drive in five years time? What are we going to eat for that matter with Oil above 150 dollars again?
There is almost no money available now in U.S. or Canada to advance the Lithium and REE exploration, apart from few names everybody is talking about now. The rest of the sector will be funded by the Asian interest in the end."
AutoBlogGreen:
Report: Toyota to make li-ion batteries for plug-in hybrids starting this fall
by Eric Loveday (RSS feed) on Jan 17th 2011 at 4:01PM
"Starting this fall, Toyota will kick off mass production of lithium-ion batteries for its soon-to-be available plug-in hybrid vehicles like the Prius, the Nikkei business daily, a Japanese news outlet reported. By manufacturing li-ion batteries in-house, Toyota hopes to keep costs in check, allowing the automaker to competitively price its plug-in hybrids. A Toyota spokeswoman declined to verify the accuracy of the report.
Additionally, the Nikkei claims that Toyota's facility in Aichi Prefecture, Japan and a factory that the automaker operates jointly with Panasonic in Shizuoka Prefecture, will undergo renovations that will reportedly cost Toyota ten billion yen ($120 million U.S. at the current exchange rate) to ready both sites for mass production of lithium-ion batteries. Combined, the two factories are expected to crank out enough li-ion batteries to power nearly 100,000 plug-in hybrid vehicles per year. Toyota is expected to launch its plug-in hybrid Prius in Japan, the U.S. and Europe in early 2012."
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