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21 Jan
10:03

Honda joins SES for 'beyond Li-ion' development

Honda Japan has confirmed signing a joint R&D agreement with the Boston-based electric vehicle battery firm SES Holdings Private on "lithium-metal secondary batteries." In addition, after SES goes public as SES AI Corporation via a special purpose acquisition company deal with Ivanhoe Capital Acquisition, Honda will hold a 2% stake in the new company as a PIPE (private investment in public equity) investor assuming no redempt…
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