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Toyota executive engineer sees rising hybrid battery prices, lithium batteries in 10 years

The end of the line for driving down the price of hybrid batteries with large order size is here, Toyota Motor executive engineer Dave Hermance said during a recent visit to the Toyota plant in Georgetown, Kentucky. The economy of scale strategy has run out on nickel-based batteries, he said, but new technology – batteries made using lithium ion – are coming. Trouble is, this won't be for a few more years: three for the first hybrids to use them (like this Smart EV prototype), ten until they all do, is Hermance's prediction. In the ... Read more →

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