Tuesday, September 22, 2009

Today's Fly Or Die Commerce Report

With the advent of hybrid cars, battery manufacturers are seeing a boost in business. Toyota Motor Corporation is reportedly in negotiations with Sanyo Electric to hash out a deal that will allow the car manufacturer to purchase batteries from Sanyo that will power their hybrid gas/electric cars.

Toyota reportedly had a joint venture with Panasonic to supply them with batteries. However, due to high demand Toyota is also seeking other battery manufacturers who can help fill their orders.

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