Mitsubishi, Yuasa JV Expands Electric Car Battery Production
The joint venture between GS Yuasa Corporation, Mitsubishi Corporation and Mitsubishi Motors, known as Lithium Energy Japan, has revealed plans to expand its production capacity by 70 per cent.
According to a report in The Nikkei, it will be capable of producing 4.4million lithium-ion battery cells a year – that’s enough to power 50,000 electric vehicles.
Currently the company is manufacturing lithium-ion batteries at small factories in Shiga Prefecture, Kusatsu and the city of Kyoto with a combined output capacity for around 18,000 vehicles annually. This is expected to climb to 70,000 once the plant under construction begins operations in April.
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