Report: Bosch and GS Yuasa targeting production of lower-cost, higher-capacity Li-ion battery in 2020
Udo Wolz, the president of Bosch Japan, told reporters that Bosch and its partner GS Yuasa (earlier post) “are on a good path” in developing a lithium-ion battery with twice the energy density at half the cost, according to a report in Automotive News Europe. The companies intend to produce such a battery by 2020, Wolz said.
The joint venture Lithium Energy and Power GmbH & Co. KG, headquartered in Stuttgart, was set up in November 2013. Bosch holds a 50% stake with GS Yuasa International Ltd. and Mitsubishi Corporation each holding 25%.
In November 2014, The Japan Times reported that GS Yuasa Corp. said it has developed a next-generation lithium-sulfur battery with three times the capacity of existing products. (Earlier post.)