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Honda, Sanyo Racing Matsushita To Develop Batteries For Hybrid Cars (Dominionization),

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Honda, Sanyo Racing Matsushita To  Develop Batteries For Hybrid Cars

.c Kyodo News Service

OSAKA, April 12 (Kyodo) - Honda Motor Co. and Sanyo Electric Co. have agreed to jointly develop nickel-hydrogen batteries for use in Honda hybrid automobiles, Sanyo officials said Friday.

Honda is expected to introduce hybrid vehicles using the batteries to be developed with Sanyo in two to three years, the officials said.

A hybrid car is propelled by both an electric motor and a gasoline engine.

The Prius hybrid car of Toyota Motor Corp., the forerunner in fuel-efficient hybrid cars, uses batteries developed by Panasonic EV Energy Co., a member of the corporate group led by Matsushita Electric Industrial Co.

Sanyo wants to beat Matsushita to become the top supplier of batteries for hybrid cars on the strength of its new alliance with Honda, they said.

Honda earlier put two types of hybrid cars on the market -- the Insight and the Civic Hybrid -- using batteries developed by Panasonic EV Eenergy.

Honda wants to bolster fuel efficiency and other characteristics of batteries for its hybrid cars through its technical cooperation with Sanyo, known for its expertise in cell phone batteries, industry sources said.

Sanyo entered a cooperative arrangement with Ford Motor Co. in January last year to develop batteries for use in Ford's hybrid cars.

Sanyo will seek to clinch a 50% share of the global hybrid battery market in 2005 and post sales of 50 billion yen by pressing ahead with cooperation with Honda and Ford, the Sanyo officials said.

  04/12/02 01:28 EDT


Copyright 2002 The Kyodo News Service. The information contained in the Kyodo news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Kyodo News Service.


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