“Lithium Energy Japan” Just the Big Money We Needed for Mass EV Fast Charge Battery Production
Mitsubishi Motors, Mitsubishi Corporation and battery supplier GS Yuasa Corporation have been planning a joint venture company to get the ball rolling on much needed large format and fast recharge lithium-ion batteries with an electric car application in mind.
On December 12, 2007 they formally solidified the deal into Lithium Energy Japan. This is phenomenal news for the EV car industry.
It seems they plan on producing 200,000 units in 2009.
Official PDF News Release Dec 12 2007
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