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 Lithium Ion Batteries for automobile use. It has been already mass producing the merchandises for Hybrid-Electric Vehicles and it has a commercial achievement of 600,000 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 automobile use.
Hitachi Vehicle Energy, Ltd. is a company incorporated for the purpose of mainly developing the lithium-ion battery for automobile 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. It will further develop the products and increase the scale of high-volume production to aspire to becoming a company of annal sales 100 billion yen until 2015.
