Honda and GS Yuasa work towards establishing lithium JV by end 2023

Honda and GS Yuasa work towards establishing lithium JV by end 2023

Honda and GS Yuasa work towards establishing lithium JV by end 2023 640 407 Energy Storage Journal

January 26, 2023: Honda Motor Co. and GS Yuasa International announced on January 23 they had reached a basic agreement toward collaboration on development of a high-capacity, high-output lithium-ion battery.

The two companies will discuss specifics with the goal of establishing a joint venture company by the end of 2023.

In a statement the two companies said they would: “work toward the establishment of a joint venture company by discussing a broad scope of collaborations including the research and development of a high-capacity, high-output lithium-ion battery, primarily for EV use, and the required production methods; the establishment and management of intellectual properties including patents related to the joint research and development; planning for products that utilize technologies resulting from the joint research and development, and planning for the required sales channels; and the designing of an efficient production operation including the supply chain for key raw materials.”