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05 May
06:31

Honda, GS Yuasa to start battery production in 2027: report

The planned EV battery joint venture between Japanese companies Honda and GS Yuasa will reportedly bag roughly JPY 150 billion ($1.11 billion) in subsidies from the Ministry of Economy, Trade and Industry (METI). According to Nikkei Asia, the companies expect first battery production in 2027, launching a capacity of at least 20 gigawatt-hours. Citing unnamed sources, the Japanese newspaper says the companies plan to invest over JPY 400 billion to produce liquid lā€¦
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