It will be confirmed at the end of 2023.
The rise of electric cars has brought with it certain management problems. Mainly two can be identified: the need for a better charging network and the need for batteries, both in volume and in capacity and performance. Honda has just signed an agreement with GS Yuasa to work on the latter.
The two companies have joined forces to develop high-performance, high-capacity lithium-ion batteries and are working out the details of a joint venture later this year.
Both companies have established a wide range of collaborations, with four main ones that stand out:
- The research and development of high-capacity and high-performance lithium-ion batteries, with the main objective of using it in electric vehicles of different types.
- Design an efficient production process that will include the supply chain of key raw materials
- Establish and manage intellectual property, including patents related to joint research and development
- The planning of products that use the technologies resulting from the investment in R&D generated
Toshihiro Mibe, President and CEO of Honda, said: “Honda is working to achieve carbon neutrality in all its products and corporate activities by 2050.”
And he added: “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 strategy to achieve our goal of carbon neutrality. ”.
For his part, Osamu Murao, president and representative director of GS Yuasa, points out: “Based on our corporate philosophy of ‘Innovation and Growth’, GS Yuasa has taken on the challenges to create energy technologies, while accumulating experience and knowledge in relation to the batteries”.
And he sentences: “Through this new collaboration with Honda, we will contribute to a greater diffusion of electric vehicles, we will offer greater comfort and peace of mind to customers around the world and we will strive to create new value for the realization of neutrality of carbon”.