Tag Archives: sanyy

Toyota (TM) To Use Sanyo (OTC:SANYY) Lithium Batteries For Hybrids?

Sanyo (OTC:SANYY) shares continue to rally along with Panasonic (PC) shares (which plans to merge with Sanyo) on news that Toyota (TM) plans to begin purchasing lithium batteries from Sanyo beginning in 2011 according to a Reuters source who remains anonymous since the info hasn’t been made official yet.  Toyota plans to purchase about 10,000 batteries a year and rumor has it that they’ll use it in a minivan hybrid expected to launch in about … Read the rest