In 2004, the 3 companies, Hitachi, Ltd., Shin-Kobe Electric Machinery Co., Ltd. and Hitachi Maxell, Ltd. established Hitachi Vehicle Energy, Ltd. for the purpose of developing and manufacturing of lithium-ion batteries for automotive application. It has been already mass producing the merchandises for Hybrid-Electric Vehicle application and it has a commercial achievement of 1.2 million cells sales. Currently, the collective effort of Hitachi, Ltd., as well as Hitachi Group is combined to aim in becoming a world's best company within the field of lithium-ion batteries for automotive application.
Hitachi Vehicle Energy, Ltd. is a company incorporated for the purpose of mainly developing the lithium-ion battery for automotive application through the capital investment of 3 Hitachi group companies, Hitachi, Ltd. Shin-Kobe Electric Machinery Co., Ltd. and Hitachi Maxell, Ltd.
In addition to the electronics, car battery technology and lithium-ion battery technology of the 3 companies, the skills of respective Hitachi laboratories, materials of each of Hitachi Group companies, and parts technology have already been orchestrated to successfully apply for the Hybrid-Electric Vehicles components and put into practical use. We are developing state-of-the-art battery technology focused on lithium-ion battery technology for automotive application and expanding the scale of the mass production as a member of Battery Systems Company in Hitachi, Ltd. since Apr. 2010.
