GS Yuasa will open battery plant in Hungary
After the Korean battery cell makers Samsung SDI and SK innovation choose Hungary as the location to build their battery plants in Europe, now its time for the Japanese GS Yuasa announce the same.
Below you can read the short press release.
“GS Yuasa Corporation (Tokyo Stock Exchange: 6674; “GS Yuasa”) hereby announces to establish a manufacturing subsidiary company, GS Yuasa Hungary Ltd. in Hungary and to construct a new plant for lithium-ion batteries.
Lithium-ion batteries will be assembled in a new plant with lithium-ion cells made in Japan. These batteries will be used for SLI (Starting, Lighting, and Ignition) applications which are expected to be expanded in the European market. GS Yuasa will also consider manufacturing lithium-ion cells in this plant in future.
GS Yuasa will continue to respond to the market environment change in its extensive technologies.”
Initially, GS Yuasa in its European plant will only assemble battery packs, while the battery cells will be imported from its Japanese plant. Furthermore, it seems that the company will focus in SLI 12 V batteries and not EV batteries.
Anyway, GS Yuasa battery cells were not very successful in plug-in cars. They are present in the now discontinued electric car Mitsubishi i-MiEV and in the once popular Mitsubishi Outlander PHEV.
Regarding EV batteries, this Japanese battery cell maker is now far behind the Korean and Chinese competition. For example, the LEV50N battery cells – used in the Mitsubishi i-MiEV – comply with the BEV2 VDA standard and have only 50 Ah. While the Korean battery cell maker Samsung SDI prepares to produce 120 Ah BEV2 cells (same volume) already this year – in its Hungarian plant.
GS Yuasa did launch the more energy dense LEV75 battery cells in 2015, but weren’t successful either.