Honda, GS Yuasa agree to collaborate in lithium-ion batteries

GS Yuasa

23/01/2023 07:35

TOKYO, Jan 23 (Reuters) - Japanese automaker Honda Motor
Co Ltd  7267.T  and battery maker GS Yuasa Corp  6674.T  on
Monday said they will collaborate in the high-capacity,
high-output lithium-ion battery business, and plan to establish
a joint venture by the end of this year.
    The partners said they will join in the research and
development of lithium-ion batteries and production methods, and
will also establish a supply chain for key raw materials and a
battery production system.
 (Reporting by Mariko Katsumura; Editing by Christopher Cushing)
 ((Mariko.Katsumura@thomsonreuters.com;))