New joint venture to focus on lithium-ion batteries

My personalised battery alert system on just-auto flagged up a new automotive news story today...

Nissan Motor Company, NEC Corporation and its subsidiary, NEC Tokin Corporation, are forming a joint venture company - Automotive Energy Supply Corporation (AESC) - to focus on lithium-ion battery business for wide-scale automotive application by 2009.

JAPAN: Nissan Motor forms lithium-ion battery JV

HINT: Whilst the story is only available to just-auto members, you are given a free two-week trial membership by going through registration.