Mike Mareen - stock.adobe.com
Honda Motor Co., Ltd. signed a joint development agreement in the area of Lithium-Metal secondary batteries with SES Holdings Pte. Ltd, a U.S. based EV battery research and development company.
SES plans to list on the New York Stock Exchange (NYSE) via a special-purpose acquisition company (SPAC) transaction, and through the PIPE (private investment in public equity) offering by the SPAC, Honda plans to acquire approximately 2% of the shares of SES AI Corporation, the company to be listed on NYSE.
The battery is a crucial component of battery electric vehicles (EV) and Honda, which is accelerating electrification of its products on a global basis, has been concurrently looking into several options for next-generation batteries, including the all-solid-state batteries Honda is developing independently. This joint development agreement with SES is part of the overall battery strategy of Honda.
Honda and SES will pursue joint research for the realization of safe, high-durability and high-capacity next-generation EV batteries.
"The battery is an essential component of EVs, and Honda has been concurrently looking into several options toward the realization of high-capacity, safe and low-cost next-generation batteries,” Shinji Aoyama, Managing Executive Officer in Charge of Electrification, Honda Motor Co., Ltd. Says. “Recognizing the advanced technologies of SES, Honda signed a joint development agreement with SES with the aim to establish a good relationship with SES and expeditiously generate substantial achievements through our joint research activities. Honda will continue to establish collaborative relationships with companies which have advanced technologies, as needed, to offer highly-competitive and attractive EVs to our customers."
No more results found. SES plans to list on the New York Stock Exchange (NYSE) via a special-purpose acquisition company (SPAC) transaction, and through the PIPE (private investment in public equity) offering by the SPAC, Honda plans to acquire approximately 2% of the shares of SES AI Corporation, the company to be listed on NYSE.
The battery is a crucial component of battery electric vehicles (EV) and Honda, which is accelerating electrification of its products on a global basis, has been concurrently looking into several options for next-generation batteries, including the all-solid-state batteries Honda is developing independently. This joint development agreement with SES is part of the overall battery strategy of Honda.
Honda and SES will pursue joint research for the realization of safe, high-durability and high-capacity next-generation EV batteries.
"The battery is an essential component of EVs, and Honda has been concurrently looking into several options toward the realization of high-capacity, safe and low-cost next-generation batteries,” Shinji Aoyama, Managing Executive Officer in Charge of Electrification, Honda Motor Co., Ltd. Says. “Recognizing the advanced technologies of SES, Honda signed a joint development agreement with SES with the aim to establish a good relationship with SES and expeditiously generate substantial achievements through our joint research activities. Honda will continue to establish collaborative relationships with companies which have advanced technologies, as needed, to offer highly-competitive and attractive EVs to our customers."