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Bosch, GS Yuasa, Mitsubishi form JV for next-gen Li-ion battery technology; targeting a doubling of capacity

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and Mitsubishi Corporation have set up a joint venture—Lithium Energy and Power GmbH & Co. KG—to develop next-generation lithium-ion battery technology with a goal of doubling energy capacity. Our aim is to make lithium-ion batteries twice as efficient. and Mitsubishi Corporation each holding 25 percent.

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IDTechEX: solid-state battery market will grow to $8B by 2031

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Major solid-state battery players globally. Renault, Mitsubishi, and Nissan invested in Ionic Materials. Flammable liquid electrolytes in most commercial li-ion batteries are considered a threat to safety as they can easily shrink under high temperatures, lead to short circuits and then catch fire. Source: IDTechEx.

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Continental and SK Innovation move forward on automotive Li-ion battery joint venture

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Moving forward on their Heads of Agreement signed earlier this year at the Detroit Auto Show ( earlier post ) Korea-based SK Innovation and the international automotive supplier Continental signed an agreement to found a jointly managed company to develop, to produce and to market automotive Li-ion battery systems.

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Bosch, GS Yuasa, and Mitsubishi Corporation to set up JV for next generation lithium-ion batteries

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and Mitsubishi Corporation have agreed to work together on the next generation of high-performance lithium-ion batteries. Bosch intends to hold a 50% stake in the joint venture, with GS Yuasa and Mitsubishi Corporation each holding 25%. Robert Bosch GmbH and the Japanese companies GS Yuasa International Ltd. Earlier post.)