Jan 24, 2023 16:02 JST

Source: GS Yuasa Int Ltd

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."

Source: GS Yuasa Int Ltd
Sectors: Metals & Mining, Automotive

Copyright ©2025 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


Overview of Honda Exhibits at Japan Mobility Show 2025
October 16 2025 22:20 JST
 
Honda to Present World Premiere of ProZision(TM) Autonomous, at Equip Exposition 2025, Honda Battery-powered Autonomous Riding Lawn Mower
October 15 2025 18:56 JST
 
Honda to Make Additional Investment in U.S.-based Helm.ai to Further Enhance Development of Next-generation AD/ADAS
October 15 2025 18:25 JST
 
Honda Issues Integrated Report - "Honda Report 2025"
October 10 2025 23:46 JST
 
Honda Celebrates 30th Anniversary of CR-V
October 09 2025 22:54 JST
 
Honda Announces New Investment in Motorcycle Plant in Brazil
October 03 2025 21:36 JST
 
Overview of Honda Booth Exhibits at Japan Mobility Show 2025
September 30 2025 18:20 JST
 
Production, Sales and Export Results for August, 2025
September 29 2025 16:08 JST
 
Yuki Tsunoda to Drive RA272, Honda's First F1(R)-Winning Car, in a Showrun at the F1 MEXICAN GRAND PRIX on October 26
September 26 2025 19:21 JST
 
Honda Koraidon Ride on Experience and Onboard Showrun to be Held at Honda Collection Hall
September 18 2025 23:42 JST
 
More Press release >>

Latest Press Release


More Latest Release >>