Japan’s Sanyo Electric has signed an agreement with Suzuki Motor Corporation (Suzuki) to supply lithium-ion battery systems for plug-in hybrid vehicles (PHVs) “Swift Plug-in Hybrid”.
Sanyo Electric is the world’s largest maker of rechargeable batteries and provides nickel-metal hydride batteries to major auto manufacturers like Ford and Honda. Suzuki is the fifth automaker to choose the Sanyo Electric as a supplier of lithium-ion batteries. Additionally Sanyo is also co-developing next generation nickel-metal hydride and lithium-ion batteries with Germany’s Volkswagen group.
Sanyo has also agreed with France’s PSA Peugeot Citroen to co-develop nickel-metal hydride batteries.
Volkswagen hold about 20 per cent stakes in Suzuki Motors. Suzuki will install the systems in 60 of its Swift small cars and test drives will begin later this year.