The race to develop the next generation of batteries is in full swing. This week, three major automotive players decided to pool their efforts. Robert Bosch, GS Yuasa and Mitsubishi have agreed to set up a joint venture to work together on lithium-ion battery R&D. The headquarters of the new organization will be in Stuttgart, Germany, and operations are planned to start in early 2014.
The companies aim to use advanced cell management and progress in electrochemistry and materials to significantly increase energy density in order to reduce the weight and space requirements of their battery packs.
Bosch will contribute its know-how in production processes and quality management relating to the large-scale series production of complex products. Bosch specializes in the monitoring and control of cells and complete battery systems, as well as in integrating them into vehicles.
GS Yuasa will contribute its experience in manufacturing lithium-ion cells, as well as its expertise in materials systems and electrochemistry. A major manufacturer of automotive and non-automotive lithium-ion battery cells, GS Yuasa has modern production lines with a high level of automation.
Mitsubishi Corporation will contribute its worldwide marketing network and its strengths in building global value chains.