Honda & Japan's GS Yuasa to Develop High-Output Lithium-ion Battery for EVs

Honda Motor Co., Ltd. and Japan's GS Yuasa International Ltd. have reached an agreement towards devloping a high-capacity, high-output lithium-ion battery primarily for EVs. They aim to establish a joint venture (JV) company by the end of 2023.  

The two companies says they reached this agreement to work towards 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 battery production system.

Kyoto-based GS Yuasa specialises in the development and production of lead acid and lithium-ion batteries, used in automobiles, motorcycles and other areas including aerospace and defense applications.

Toshihiro Mibe, Director, President and Representative Executive Officer of Honda Motor Co., Ltd. says: “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.” 

Osamu Murao, President and Representative Director of GS Yuasa International Ltd adds: “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.”

The JV aims to establish and manage intellectual properties including patents related to the joint research and development