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Honda announces lithium-ion battery venture


Honda has delivered some good news after disappointing its high-performance fans this morning when it announced that it has suspended plans to built the 2010 Honda NSX. The Japanese automaker announced today that it has found a partner for lithium-ion battery development - Japan’s GS Yuasa Corp.

CEO Takeo Fukui said today that Honda will team up with GS Yuasa Corp. to manufacture next-generation lithium-ion batteries for Honda’s future hybrid vehicles. The new company will be owned 51 percent by GS Yuasa and 49 percent by Honda.

Currently Honda’s Civic Hybrid and Toyota’s Prius use


[source]


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