GS Yuasa so as to add Li-ion EV batteries to its product line
Japan’s GS Yuasa Automotive is thought for lead-acid batteries, for which it claims to have a 70% market share within the Japanese market. The corporate additionally makes lithium-ion batteries for normal and plug-in hybrids by means of Lithium Vitality Japan, a three way partnership with companions together with Mitsubishi and Honda.
Now GS Yuasa plans to enter the marketplace for EV batteries as early as subsequent yr. President Osamu Murao informed Nikkei Asia that his firm will shift its focus from hybrids, and observe the trade’s world transition to pure EVs.
GS Yuasa not too long ago fashioned a brand new division for the venture, bringing in engineers from its hybrid and PHEV operations. The staff goals to develop Li-ion cells with the vitality density and sturdiness wanted for EVs. The corporate additionally plans to work with companions on EV batteries, splitting the price of new manufacturing amenities.
“We’ll mark a full begin on EV batteries underneath our new medium-term plan beginning in fiscal 2023,” says Murao.
Supply: Nikkei Asia
