Honda, GS Yuasa to partner for battery development
Honda announced that it has reached an agreement with GS Yuasa, a Japanese battery company, to develop a high-capacity, high-output lithium-ion battery.
KEY TAKEAWAYS
Aside from developing a high-capacity, high-output lithium-ion battery, what plans do Honda and GS Yuasa have?
According to Honda, the carmaker and GS Yuasa plan to establish a supply chain for key raw materials and a highly-efficient battery production system on top of developing a high-capacity, high-output lithium-ion battery.When will Honda and GS Yuasa establish a joint venture company?
Per Honda, a joint venture company is expected to be established by the end of 2023.“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,” said Honda Motor Co., Ltd. Director, President, and Representative Executive Officer Toshihiro Mibe.
Honda and GS Yuasa will not only develop lithium-ion batteries but also work on battery production methods that will be highly competitive in the global market. Further, the two firms aim to establish a supply chain for key raw materials and a highly-efficient battery production system.
“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,” commented GS Yuasa International Ltd. President and Representative Director Osamu Murao.
A joint venture company is expected to be established by the end of 2023.
Photos from Honda
Also read:
Sony, Honda establish new company to roll out next-gen EVs by 2025
Featured Articles
- Latest
- Popular
Recommended Articles For You
Featured Honda Cars
- Latest
- Upcoming
- Popular
Honda Car Articles From Zigwheels
- News
- Article Feature
- Road Test