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Tayca to Produce Sulfuric Acid-coated Sheets for HEV Batteries.

Japanese news service Nikkei recently reported that Tayca Corporation plans to invest 570 million yen (about $5.4 million) to prepare its Osaka manufacturing plant for the mass production of sulfuric acid-coated sheets utilized in nickel metal hydride batteries for hybrid electric vehicles (HEVs).

According to Nikkei, Tayca expects the facility will be capable of producing approximately 6.5 million square meters worth of sheet material per year, or enough to accommodate about 650,000 HEVs.

Nikkei noted that the facility is scheduled to begin operating in January 2005, with Tayca anticipating the generation of 500 million yen (about $4.7 million) in sales in FY 05.

(NIKKEI: 1/30)
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Publication:Electric and Hybrid Vehicles Today
Article Type:Brief Article
Geographic Code:9JAPA
Date:Feb 5, 2004
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