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Bosch forms lithium-ion battery JV with GS Yuasa, Mitsubishi

(Reuters) – German industrial group Robert Bosch GmbH ROBG.UL said on Wednesday it had agreed to work on next-generation lithium-ion batteries with Japan’s GS Yuasa International Ltd. (6674.T) and Mitsubishi Corporation (8058.T).

The companies intend to set up a joint venture to conduct research and development and provide sales and marketing support to the three parent companies.

The batteries will be used for zero-emission vehicles such as plug-in hybrids or electric cars.


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