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Sanyo, Nippon Oil seek cost cuts via fuel cell joint venture

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Old 11-29-2007
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Sanyo, Nippon Oil seek cost cuts via fuel cell joint venture
TOKYO (Reuters) - Sanyo Electric Co Ltd , the world's No. 1 maker of rechargeable batteries, and Nippon Oil Corp said on Thursday they plan to set up a joint venture to design fuel cell systems for homes and cut development costs.

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