Toyota is teaming up with several Asian battery manufacturers to ensure it has the supplies it needs to ramp up production of electric vehicles, the Japanese car company has confirmed.
Chinese battery and auto makers CATL and BYD are now lined up to work with Toyota—in addition to Japan’s GS Yuasa and Toshiba, Toyota bosses have confirmed.
Japan-based lead and lithium group GS Yuasa has unveiled a dual chemistry energy storage system that “combines the fast response of lithium-ion with the endurance of lead-acid”.
GS Yuasa said the container-based system is the “world’s first energy storage platform where lead acid and lithium-ion batteries are combined to feed a power conversion system”.
The battery giant partnered with Infinite Group, the University of Sheffield and Innovate UK to develop the ‘Adept’ (advanced multi-energy management and optimisation time shifting platform) system.
Japan-based battery giant GS Yuasa is leasing new premises in Germany to expand its business.
The lead-acid and lithium-ion battery manufacturer has leased around 7,300 square metres of logistics space at Krefeld, in North Rhine-Westphalia, northwest of Düsseldorf.
The lease at the new Segro Logistics Center Krefeld II has a term of more than 10 years and starts in April 2019.
Japan-based lead-acid company GS Yuasa is expanding its push into the lithium battery business by building a EUR3.5 million ($4.2m) manufacturing plant in Hungary.
Hungary’s government is backing the project in the city of Miskolcz, in northeastern Hungary, with a non-repayable grant worth around $1.8m. Construction work is set to start next month.
The new head of European operations for Japan-based GS Yuasa has told BBB the battery maker is looking at opportunities to expand the role of lead-acid in the energy storage business.
Andrew Taylor (pictured), who has been promoted to MD and CEO of GS Yuasa Battery Europe, said: “We are looking at some of the applications for energy storage, especially for new lead-acid technology that we believe can play a part. We’re already seeing some of the benefits of this with new products coming out of Japan.”