Prius demand is creating jobs and overtime at Toyota suppliers, reviving auto industry. Plus, Mitsubishi to begin marketing an electric car next month. Toyota electric car arriving in 2015.
"The surge has revived companies up and down the supply chain. With its plant running 24 hours a day, Panasonic EV Energy, a joint venture between Toyota and the electronics maker Panasonic, is planning another factory that will allow it to double its battery production by next year, to a million packs a year. “If a lot of hybrids are sold, it’s possible we’ll start producing overseas,” the company chief executive, Yoshio Hayashi, said. “Batteries are very heavy, so it’s good to make them close to the cars.”
The company, which sends about 92 percent of its batteries to Toyota, also serves General Motors and plans to supply Chrysler soon. At Aisin, the supplier that makes water pumps and other Prius parts..expects a 30 percent increase from the previous year."
"executive vice president at Toyota, Masatami Takimoto, said. Eventually, all three types — hybrids, electric cars and plug-in hybrids — will co-exist"
http://www.nytimes.com/2009/06/13/business/global/13prius.html
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Prius demand is creating jobs and overtime at Toyota suppliers, reviving auto industry
Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by Rybold, Jun 13, 2009.
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