Mitsubishi Corporation’s Post

Toyota Motor Corporation plans to acquire Panasonic's 19.5% stake in Primearth EV Energy to increase its ownership in the erstwhile battery joint venture to 100%. Toyota's latest capital infusion in Primearth is aimed at strengthening its battery development and production capabilities. Japan's largest carmaker has three affiliated companies that are involved in mass production of batteries - Prime Planet Energy & Solutions (another JV with Panasonic), Toyota Industries Corporation and Primearth EV Energy. #Toyota #Panasonic #battery #batterytechnology #batterymanufacturing #batteryinnovation #batterytech #batterymetals #batteryrecycling #lithiumbattery #lithiumionbatteries #electriccars #electricmobility #batterysupplychain #supplychain #supplychainoptimization #automotiveindustry

#Honda #Mitsubishi #Altna #jointventure - '...#Japanese #manufacturers plan to establish a new #electricvehicle (#EV) #battery company...#AltnaCo., is expected to #begin operations in #July...The new company’s #objectives include optimizing the usage costs of #electricvehicles, #enhancing the lifetime value of EV #batteries, and meeting new #demands that will be placed on #electricgrids...The company aims to take advantage of #Honda’s EV #expertise and #Mitsbuishi’s #experience in the power sector...' https://lnkd.in/g6uGHe7i

MASSIVE HONDA EV DEAL FOR ONTARIO EXPECTED TO BE ANNOUNCED THIS WEEK - Honda Nears Deal with Canada to Boost Electric Vehicle Capacity - Read More: https://hubs.la/Q02tJ00W0 The deal, expected to be announced this week, involves a multibillion-dollar commitment by Honda for new facilities to process cathode active materials, build batteries, and assemble battery-powered vehicles — making southern Ontario a key hub of company’s EV manufacturing plans in North America. The Canadian government would subsidize a portion of the capital cost. Honda #evs #evmanufacturing #batteries #electricvehicles

Honda and MC Sign MoU to Explore New Businesses to Expand EV Market In anticipation of growth in the electric vehicle (EV) market heading toward a decarbonized society, Honda and Mitsubishi Corporation have signed a memorandum of understanding to begin discussions toward creating new businesses in Japan aimed at building sustainable business models. Honda and Mitsubishi will explore the possibility of the following new businesses aiming to increase the value offered to customers through EV and EV batteries: 1. Battery Lifetime Management Business (see figure below) 2. Smart-charging and V2G Energy Management Business Read more👇http://spr.ly/6042uTgGO

[Tonnes of #graphite ahead to power Honda's rEVolution?] Exciting news for Canada! According to the recent news, American Honda Motor Company, Inc. is considering a massive $18.4 billion investment in an #EV plant in #Canada. The proposed investment would include the construction of both a vehicle and #battery plant. Quick thought; NMG would be ideally positioned to provide responsibly-extracted and transformed carbon-neutral anode material for this new plant. The abundance of renewable energy in the country and the federal government's recent mandate that all passenger vehicle sales will be electric by 2035 make Canada an attractive location for Honda and many other major players in the energy transition. The future of Canada is definitely electric. #ElectricVehicles #EVs #Batteries #Sustainability #EnergyTransition

🔋⚡ #EVMarket Update: Honda Motor Co. Ltd. is reportedly considering a significant investment of approximately $18.4 billion in an #electricvehicle (#EV) and #battery plant in #Canada, reflecting Canada's growing role as a key player in the global EV market and in line with Honda's 2040 goal of full vehicle electrification. 🔎 Honda's interest in Canada is partly due to the country's abundant renewable energy resources and the federal government's mandate for all passenger vehicle sales to be electric by 2035. Source: https://lnkd.in/dRXkacVw

𝐇𝐨𝐧𝐝𝐚 𝐜𝐨𝐧𝐭𝐞𝐦𝐩𝐥𝐚𝐭𝐞𝐬 $𝟏𝟖.𝟒-𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐄𝐕 𝐚𝐧𝐝 𝐛𝐚𝐭𝐭𝐞𝐫𝐲 𝐩𝐥𝐚𝐧𝐭 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐂𝐚𝐧𝐚𝐝𝐚: 𝐫𝐞𝐩𝐨𝐫𝐭 According to a report from Japan’s Nikkei, Honda is considering a multi-billion EV investment in Canada. But the where and how of the plan remain unclear Honda is considering an $18.4-billion investment to establish an electric vehicle manufacturing footprint in Canada, a report from Nikkei newspaper claims. #FCM #canada #lithium #energytransition https://lnkd.in/eSz7fdPw

UK set to reach one million electric vehicle milestone Battery electric vehicle (BEV) production in the UK is expected to top one million between 2030 and 2035, a report has claimed. The news, from the latest demand report from the Advanced Propulsion Centre UK (APC), means a demand for more than 100 GWh of automotive batteries would be required. This offers the UK supply chain opportunity for growth, it said. The report also outlined the next steps needed for the industry to maintain the growth trend, including: - For the UK automotive industry to continue to grow, new models or new OEMs need to be attracted to the UK. - Value in today’s liquid electrolyte is relatively low, but semi-solid and solid-state electrolytes are a key investment consideration. - Separators are relatively low value and quick to establish production. However, capacity in Europe is low and looks likely to remain low. There are significant opportunities to localise in UK. Read the full story on the Transport Energy website: https://lnkd.in/dbas9cXj Advanced Propulsion Centre UK , Hadi Moztarzadeh , Chris Jones Society of Motor Manufacturers and Traders (SMMT) FairCharge , Auto Trader UK , ChargeUK , Women Drive Electric , REA , Zapmap , Zemo Partnership , The AA , RAC , New AutoMotive , JLR , BVRLA , Association of Fleet Professionals (AFP) , NFDA | National Franchised Dealers Association , Department for Transport (DfT), United Kingdom , EVA England #transport #energy #electricvehicles

Did you know…. The first use of the term “core competence” came in the mid 1990s based on Honda and its expertise in ICE? This agreement w Mitsubishi Corporation demonstrates a commitment to make electric power a new core competence. #TransformTheSupplyNetwork is key… particularly the ability to use “second life batteries” to capture power from renewables and balance demand on the grid. Alissa Yakali Alyssa Barbuto Eric Walli Amrou Awaysheh Jennifer Hawring, MBOE, LSSBB Brian Mittendorf ***^*^^**** Under their memorandum of understanding, the companies look to set up a business in monitoring usage of Honda's mini-EV model battery and transferring the auto battery to stationary energy storage, they said. Honda will begin sales of the EV model in Japan in 2024. They will also seek to co-operate in "smart charging" that automatically adjusts the timing of EV charge for efficiency and the "Vehicle to Grid" system, a technology that supplies electricity stored in EVs to the grid. https://lnkd.in/g9keiczj

It is reported that Hyundai Motor Corporation plans to deploy Xcient heavy-duty fuel cell trucks around the electric vehicle assembly plant in Oakland, California and near Savannah, Georgia. In addition, the group plans to showcase the redesigned Nexo fuel cell vehicle in 2025. Hyundai Motor Group stated that it is the first large-scale producer of fuel cell electric vehicles and the largest seller of hydrogen powered vehicles. Through its HTWO brand, Hyundai Motor Group is committed to all hydrogen power projects with the goal of reducing carbon emissions by 3 million tons per year by 2035. In addition, at the 6th China International Import Expo in 2023, Hyundai Motor Corporation focused on showcasing hydrogen fuel cell vehicles that emit only water, and stated that it will continue to promote the implementation of "comprehensive hydrogen energy solutions" in China. #Connectors #Terminals #CableHarness #CableHarnessManufacturers #CableHarnessManufacturers #CableHarness #WireHarness #componentsdistribution #supplychainmanagerment #Electronicswholesale #Electronicsmanufacturing