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

January 26, 2023: Honda Motor Co. introduced. and GS Yuasa Worldwide on January 23 that they reached a primary settlement for collaboration within the growth of a high-capacity, high-output lithium-ion battery.

The 2 corporations will focus on the main points with the intention of creating a three way partnership firm by the top of 2023.

In an announcement the 2 corporations stated they are going to: “work in direction of the institution of a three way partnership firm by discussing a variety of collaborations together with analysis and growth of a excessive capability , excessive output lithium-ion battery, primarily for EV use. , and the mandatory manufacturing strategies; the institution and administration of mental properties together with patents associated to joint analysis and growth ; planning for merchandise that use applied sciences ensuing from joint analysis and growth, and planning for the mandatory gross sales channels; and designing an environment friendly manufacturing operation together with the availability chain for the principle uncooked materials.”