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Nissan, NEC to supply advanced lithium-ion batteries by 2009

TOKYO, Japan - Nissan Motor Co. Executive Vice President Carlos Tavares (2nd R) and Nissan Senior Vice President Minoru Shinohara (R) pose with NEC Tokin Corp. President Takehiko Nakata (L) and NEC Corp. Managing Executive Officer Konosuke Kashima (2nd L) on April 13 in Tokyo after the three companies agree to set up a joint venture in Japan later this month to develop and market a new type of lithium-ion battery for gas-electric hybrid and other ecological vehicles by 2009. (Kyodo)