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In a recent interview, Sano said Sanyo may develop such batteries jointly with Honda and Ford if the products serve the needs of the Japanese and U.S. automakers.
Sanyo recently agreed on joint lithium-ion battery development with German automaker Volkswagen AG. The Japanese firm currently supplies nickel-metal hydride batteries to Honda and Ford for vehicles sold in the North American market.
Sanyo will have to team up with a wide range of Japanese and foreign automakers to achieve its target of raising its share of the global lithium-ion battery market to at least 40 pct by 2015, the president said.
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