Honda, GS Yuasa Collaborate for Lithium-Ion Battery Development

Highlights :

  • Honda and GS Yuasa will discuss specifics with the goal of establishing a joint venture company by the end of 2023.
  • The two firms agreed to work toward the joint research and development of lithium-ion batteries and battery production methods.

The evolution and quick adoption of electric mobility largely depends on the development of quality and reliable battery systems. Hence, two Japanese conglomerates – Honda Motor and GS Yuasa International – have signed an agreement for collaboration for a high-capacity, high-output lithium-ion battery. Honda and GS Yuasa will discuss specifics with the goal of establishing a joint venture company by the end of 2023.

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Honda said that in order to address the rapidly growing demand for batteries, the two firms agreed to work toward the joint research and development of lithium-ion batteries and battery production methods that will be highly competitive in the global market. They will also work to establishment a supply chain for key raw materials and a highly-efficient battery production system.

Honda and GS Yuasa will establish a joint venture company by discussing a broad scope of collaborations. This will include R&D of a high-capacity, high-output lithium-ion battery, primarily for EV use, and the required production methods. They will also establish and manage intellectual properties including patents. The JV will plan for products that utilize technologies resulting from the joint R&D. The objective will also be the designing of an efficient production operation including the supply chain for key raw materials

Toshihiro Mibe, Director, President and Representative Executive Officer of Honda Motor, stated, “Honda is striving to realize carbon neutrality for all products and corporate activities Honda is involved in by 2050. Honda and GS Yuasa have already been working together on lithium-ion batteries for hybrid electric vehicles (HEVs), and this new collaboration will further accelerate Honda’s electrification strategies toward the achievement of our carbon neutrality goal.”

Osamu Murao, President and Representative Director of GS Yuasa, said, “Based on our corporate philosophy of ‘Innovation and Growth,’ GS Yuasa has been taking on challenges to create energy technologies while amassing a broad range of knowledge and know-how related to batteries. Through this new collaboration with Honda, we will contribute to further diffusion of electric vehicles, offer enhanced comfort and peace of mind to customers worldwide and strive to create new value for the realization of carbon neutrality.”

GS Yuasa is a lead acid and lithium-ion batteries giant based in Kyoto, Japan. It manufactures products for a range of application that includes automobiles, motorcycles, aerospace and defence.

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