Earlier Thursday Honda and GS Yuasa Announced They Signed Joint Venture Agreement To Establish New Company, Honda・GS Yuasa EV Battery R&D Co., Ltd.

Benzinga · 05/11/2023 04:46

Honda Motor Co., Ltd. (Honda) and GS Yuasa International Ltd. (GS Yuasa) today announced that they have signed a joint venture agreement toward the establishment of a new company. As announced on January 23, 2023 with a joint press release titled, "Honda and GS Yuasa Reach Basic Agreement Toward Collaboration for a High-capacity, High-output Lithium-ion Battery," the two companies have been discussing specifics for collaboration on high-capacity, high-output lithium-ion batteries, mainly for EVs.