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BANGKOK, Thailand (AP) - Nissan CEO Carlos Ghosn said Wednesday his company is working hard to develop the next generation of smaller, lighter auto batteries a technology that holds promise for electric cars as well as for hybrids.
He also said Nissan and its French partner Renault SA are moving ahead with studies on a $3,000 car for the Indian market.
As demand for green vehicles grows, automakers are racing to develop viable lithium ion batteries, which are common in gadgets such as laptops and cell phones but have yet to be fully adapted to the more rigorous demands of a car engine.
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