Honda And GS Yuasa Agreed To Cooperation On Lithium-ion Battery Production

JAKARTA - Honda Motor announced that it has reached an agreement with GS Yuasa International Ltd. to establish a high-capacity lithium battery joint venture (JV) by the end of 2023.

Berdasarkan siaran persnya, kesepakatan ini diambil untuk mengatasi permintaan baterai yang semakin berkembang sangat cepat. Kedua perusahaan akan bekerja menuju penelitian dan pengembangan bersama baterai lithium-ion dan metode produksi baterai yang akan sangat kompetisi di pasar global.

Under the agreement, the two companies will work towards forming a joint venture by discussing broad cooperation including research and development of high-capacity lithium-ion batteries for the use of EVs, and the necessary production methods.

The two companies also agreed on the establishment and management of intellectual property including patents related to joint research and development. Starting from product planning that utilizes the technology and planning of the necessary sales channels.

"Together with lithium-ion batteries for hybrid electric vehicles (HEVs), and this new collaboration will further accelerate Honda's electrification strategy towards achieving our carbon neutrality goals," said Toshihiro Mibe, Director, President and Executive Representative Officer of Honda Motor Co., Ltd.

Meanwhile, Osamu Murao as President and Director of Representatives of GS Yuasa International Ltd. said that, through this new collaboration with Honda, they contributed to the spread of electric vehicles further, offering better comfort and peace of mind to customers around the world and trying to create new values to realize carbon neutrality.