It is reported that Toyota Motor Corporation, Toyota Tsusho plans joint ventures in the domestic production of new materials for battery power, initially a joint venture partner CITIC Guoan.
It is understood that, CITIC Guoan has recently signed a letter of intent with Toyota Tsusho, both parties are interested in the production and joint marketing of lithium carbonate grade and its downstream products of new energy industries, the Both sides will also review the notes of the lithium battery based on battery materials and battery as product development and market cooperation. Meanwhile, CITIC Guoan Toyota Tsusho also designated as part of its products of lithium carbonate in the exclusive agent in Japan.
Electric and hybrid electric vehicle is the current hot new energy development vehicles, most car manufacturers have proposed the use of lithium batteries as a power supply battery electric vehicles, including lithium phosphate Iron the most promising.
Before that, CITIC Guoan base in Qinghai Salt Lake has begun to produce products of lithium carbonate, the company also plans to develop high-power industry and chemical Chengdu joint venture to build lithium batteries quality carbonate production plant in 2010, the joint venture will not be less than the annual production of 5,000 tonnes of batteries, lithium carbonate level.