"Toshiba, like most other battery manufacturers, has decided that the market for automotive grade lithium ion cells is going to be huge in the next decade. As a result it has decided to build a second factory dedicated to automotive battery production in Kashiwazaki, Japan. The new 355,000-square foot plant will cost about $274 million and construction is expected to start in April of next year with production scheduled to start about one year after that. " - ReedResources