Electric cars are becoming more and more popular as the technology behind them evolves, but one of the biggest challenges has always been finding a reliable battery to power them. However, Honda and GS Yuasa have recently announced an agreement that may change that. The two companies will be working together to develop, manufacture, and sell lithium-ion batteries for use in electric vehicles. This is great news for those hoping to make the switch to electric cars as it means they will now have access to better-quality batteries with longer life spans. In this blog post, we’ll take a closer look at what this partnership means for the future of electric cars and how it could impact the automotive industry as a whole.
What is Honda and GS Yuasa?
Honda and GS Yuasa are teaming up to develop batteries for electric cars. The two companies will jointly develop, manufacture, and sell lithium-ion batteries for electric vehicles (EVs), with the goal of providing a more affordable and reliable option for EV drivers. This partnership will combine Honda’s experience in designing and building EVs with GS Yuasa’s expertise in battery technology.
The joint venture will be based in Japan and will be 60% owned by Honda and 40% owned by GS Yuasa. The new company will begin operations in April 2020, with the goal of mass-producing batteries for EVs by 2025.
This partnership is an important step forward for both companies as they look to meet the growing demand for EVs. Honda has been working on EVs for many years, but has yet to bring a mass-produced model to market. GS Yuasa, meanwhile, is a world-leader in battery technology, supplying batteries to major automakers like Toyota, BMW, and Mercedes-Benz.
With this partnership, Honda and GS Yuasa hope to create a more competitive option for EV batteries that can meet the needs of both customers and automakers.
The Partnership
As part of its commitment to electrification, Honda has announced a new partnership with GS Yuasa, one of the world’s largest manufacturers of batteries for automotive applications. The two companies will work together on the development and mass production of lithium-ion batteries for electric vehicles (EVs).
The partnership is a natural fit given Honda’s expertise in EVs and GS Yuasa’s experience in battery manufacturing. The two companies have already been working together on research and development since 2016, and this new partnership will allow them to accelerate their work in this area.
The first fruits of the partnership will be seen in Honda’s upcoming all-electric car, which is scheduled to launch in 2018. This vehicle will use a new type of battery developed jointly by Honda and GS Yuasa, and will be produced at the latter’s plant in Kentucky.
The joint venture between Honda and GS Yuasa is just one example of the growing collaboration between automakers and suppliers as the industry moves towards electrification. With billions of dollars being invested in this area, it’s clear that electric cars are the future of the automotive industry.
Benefits of the Partnership
Honda and GS Yuasa have entered into a partnership to jointly develop, manufacture and sell batteries for electric cars. The partnership will allow the two companies to share their respective strengths in order to create a more efficient and cost-effective battery system. Honda has expertise in electric motors and power controllers, while GS Yuasa has experience in manufacturing lithium-ion batteries.
The partnership will enable the two companies to pool their resources and knowledge in order to develop a high-performance battery system for electric cars. The joint venture will also help reduce costs by sharing development expenses. In addition, the partnership will help ensure a stable supply of batteries for Honda’s electric car program.
The benefits of the partnership between Honda and GS Yuasa are numerous. By combining their respective strengths, the two companies will be able to develop a superior battery system for electric cars. In addition, the joint venture will help reduce costs and ensure a stable supply of batteries for Honda’s electric car program.