GS Yuasa International and Honda to develop lithium-ion batteries
GS Yuasa International Ltd., the parent company of GS Yuasa Battery Europe Ltd., has announced the signing of an agreement with Honda Motor Co. Ltd. to develop high-capacity, high-output lithium-ion batteries. The two Japanese heavyweights are to begin discussions with the aim of establishing a joint venture to meet the rapidly expanding demand for lithium-ion batteries by the end of 2023.