Report: GS Yuasa, Mitsubishi and Magna Planning JV for Automotive Li-ion Batteries in Europe
Green Car Congress
SEPTEMBER 17, 2010
Mitsubishi Corp. and Magna International Inc. GS Yuasa reportedly will have a majority stake, Magna 20-40% and Mitsubishi the remainder. The lithium ion batteries will likely be used for a new electric vehicle that French firm PSA Peugeot Citroen Group plans to produce in Spain. The Nikkei reports that GS Yuasa Corp.,
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