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GS Yuasa Corp Announces Business Alliance among Subsidiary, Robert Bosch GmbH and Mitsubishi Corp


Wednesday, 19 Jun 2013 07:50pm EDT 

GS Yuasa Corp announced that its subsidiary GS Yuasa International Ltd. and Robert Bosch GmbH and Mitsubishi Corp have agreed to work together on the next generation of high-performance lithium-ion batteries. The companies aim to use advanced cell management and progress in electrochemistry and materials to increase energy content. The three companies intend to set up a joint venture for joint research and development, and to support their mother companies in sales and marketing activities, based in Stuttgart, Germany. Robert Bosch intends to hold a 50% stake in the joint venture, with GS Yuasa International and Mitsubishi Corp each holding 25%. 

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11 Jul 2014