Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 24 January 2023, 15:02 HKT/SGT
Share:
        

Source: Honda Motor Co, Ltd / GS Yuasa
Honda and GS Yuasa Reach Basic Agreement Toward Collaboration for a High-capacity, High-output Lithium-ion Battery

TOKYO, Jan 24, 2023 - (JCN Newswire) - Honda Motor Co., Ltd. (Honda) and GS Yuasa International Ltd. (GS Yuasa) today announced that they have reached a basic agreement toward collaboration for 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 order to address the rapidly growing demand for batteries, the two companies reached this agreement 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, as well as the establishment of a supply chain for key raw materials and a highly-efficient battery production system.

Based on the agreement, the two companies will work toward the establishment of a joint venture company by discussing a broad scope of collaborations including the following:
- Research and development of a high-capacity, high-output lithium-ion battery, primarily for EV use, and the required production methods
- 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
- Designing of an efficient production operation including the supply chain for key raw materials

Comments by Toshihiro Mibe, Director, President and Representative Executive Officer of Honda Motor Co., Ltd.
"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."

Comments by Osamu Murao, President and Representative Director of GS Yuasa International Ltd.
"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."


Topic: Press release summary
Source: Honda Motor Co, Ltd / GS Yuasa

Sectors: Metals & Mining, Automotive
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2023 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Honda Motor Co, Ltd
Jan 24, 2023 16:18 HKT/SGT
Honda to Make Organizational Changes (Effective April 1, 2023) to Further Accelerate Electrification Business and Realize New Value Creation
Jan 16, 2023 08:40 HKT/SGT
LG Energy Solution and Honda Formally Establish Battery Production Joint Venture
Dec 1, 2022 18:01 HKT/SGT
Honda Unveils Next-generation Technologies of Honda SENSING 360 and Honda SENSING Elite
Nov 18, 2022 16:26 HKT/SGT
Honda to Begin Sales of All-new ZR-V SUV in April 2023
Nov 8, 2022 22:00 HKT/SGT
New XL750 Transalp and EM1 e: electric vehicle lead Honda's full 23YM line-up reveal at EICMA
Nov 7, 2022 08:00 HKT/SGT
Honda Exhibits World Premiere of the "e:N2 Concept" Indicating the Direction of All-New EV Models
Nov 3, 2022 12:14 HKT/SGT
Honda Unveils CI-powered Micro-mobility Technologies that Utilize Honda CI (Cooperative Intelligence), Honda's Original AI that Enables Mutual Understanding between Machines and People
Oct 25, 2022 14:13 HKT/SGT
Honda Begins Sales of "Honda Power Pack Exchanger e:" Battery Swapping Station
Oct 18, 2022 13:03 HKT/SGT
Honda Aircraft Company Reveals Latest Aircraft - the HondaJet Elite II
Sept 26, 2022 19:25 HKT/SGT
Hitachi Astemo Receives EV e-Axle Orders from Honda, and will Further Expand its Electrification Business
More news >>
 News Alerts
Copyright © 2023 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: