Hitachi will offer hybrid rail cars powered by lithium ion batteries

Battery Metals

The Nikkei business daily reported that Hitachi Ltd (6501.T) is to sign a high-speed railway project deal in the UK. This deal is worth more than 500 billion yen ($5.62 billion).

The news release is quoted as saying:

Hitachi, which earns the bulk of its sales from making bullet train systems, nuclear reactors, elevators and IT services, will offer hybrid rail cars powered by lithium ion batteries and diesel engines under the deal, the Nikkei said.

Click here to access the entire news release

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