GS Yuasa and Honda and Blue Energy, a joint venture between the two leading Japanese companies, have announced that their plans for research, development and investment in mass production of lithium-ion batteries, primarily for battery electric vehicles (BEVs), have been approved by the Japanese government. The plan includes mass production of high-capacity, high-output lithium-ion batteries with a capacity of 20 GWh in Japan. Operations are scheduled to begin in April 2027, with full-scale production starting as early as October 2027.
The total cost of the project is approximately 434.1 billion yen, and the three companies will receive up to approximately 158.7 billion yen in subsidies from the Japanese government. In addition, about 56.4 billion yen will be provided as subsidies to support two semiconductor projects in Japan. “We have great expectations that this will lead to a stable supply of batteries and the promotion of GX (Green Transformation),” said Japanese Industry Minister Yasutoshi Nishimura.
Through initiatives in accordance with the Ministry of Economy, Trade and Industry’s Supply Securing Plan for Storage Batteries, GS Yuasa and Honda are responding to domestic demand for batteries, which is expected to continue to grow in the future, and contributing to the green transformation that is shifting industrial and social structures to clean energy.
GS YUASA is one of the largest manufacturers and suppliers of rechargeable batteries with production facilities worldwide and an extensive marketing and distribution network in Europe. Its wide range of lead-acid and lithium-ion batteries covers most well-known industrial applications, such as security and alarm systems, UPS and emergency lighting systems, and OEM equipment. The three business units include Industrial (industrial batteries for standby and cyclic applications), Automotive and Motorcycle (automotive and motorcycle starter batteries). GS YUASA Battery Germany GmbH, founded in 1982 as YUASA Battery (Europe) GmbH, is based in Krefeld and serves 15 countries within Europe from there. www.gs-yuasa.de