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Honda's new plant with GS Yuasa will produce large-scale, high-capacity, high-power lithium-ion batteries, especially for electric vehicles
A Honda and the GS Yuasa recently announced the signing of a landmark joint venture agreement to create a new leader in the high-power, high-capacity lithium-ion battery market. This strategic partnership has as its main focus the development of advanced solutions for electric vehicles, according to the website Insideevs.uol.
The two Japanese giants have been negotiating this agreement since January of this year and are excited about the prospect of establishing “Honda・GS Yuasa EV Battery R&D Co., Ltd.”, an equal (50/50) joint venture, which will be responsible for the research, development and production of innovative batteries.
Honda and GS Yuasa, two giants sharing the same space and purpose
The new company will unite the technical expertise of Honda, a renowned vehicle manufacturer conventional and electric vehicles, with the expertise of GS Yuasa, a technology leader of batteries. Together, they aim to accelerate technological progress and improve the efficiency of lithium-ion batteries, providing greater capacity and power to power the next generation of electric vehicles.
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This strategic partnership marks a significant milestone for both companies, consolidating their ambitions to lead the automotive industry's transformation towards electric mobility. “Honda・GS Yuasa EV Battery R&D Co., Ltd.” be established later this year, paving the way for a new era of advanced battery and electric technology and contributing to the electric vehicle industry.
New Honda company with Japanese giant focuses on large-scale production of batteries for electric cars
The strategic partnership between Honda and GS Yuasa has as its central focus the research and development of lithium ion batteries, along with the implementation of highly competitive production methods on a global scale. However, the long-term goal is clear: the mass production of batteries for the electric vehicle revolution.
The new company will be committed to establishing a strong supply chain to ensure the access to essential raw materials, as well as developing a highly efficient for your electric vehicle batteries.
GS Yuasa, known as one of the leading Japanese battery manufacturers, is ready to tackle lithium-ion batteries for electric vehicles with higher series. The company already has experience in batteries for electric vehicles, having participated in joint ventures such as Lithium Energy Japan, taking care of Mitsubishi's plug-in hybrid vehicles, and Blue Energy, for Honda's hybrids. Now, it remains to answer what will be the chemistry and type of battery cell selected for the new electric vehicles, in addition to exploring new solutions, such as cell-to-cell or auxiliary battery packs, which can satisfy the needs of the market.
