December 25, Panasonic said in a statement, Matsushita plans to March 2012 ended the fiscal year mass production of 3.4 amps-hour lithium-ion battery, and in the subsequent year, higher production capacity of 4 amps-hour lithium- ion batteries. When the number of connections that a module of this battery when the battery will be able to drive electric vehicles.
Matsushita will invest in October 2011 before the 123 billion yen (1.3 billion U.S. dollars) to increase production of lithium-ion battery three times, because the Panasonic forecast demand in the promotion of electric vehicles, the global battery market will grow five times in 2018. Panasonic this month acquired the world’s largest rechargeable battery maker Sanyo.
In Tokyo, Mitsubishi UFJ Financial Group analyst Masahiko Ishino, said lithium-ion batteries for cars still in development stage, because Panasonic showed its plans in this area is positive.
Matsushita said it has developed a direct methanol fuel system that can generate electricity, the average power output is 20 watts, is this battery twice before.