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Honda, GS Yuasa to establish company for lithium-ion batteries

March 27, 2009
Filed under Features

Honda Motor Co. and GS Yuasa, battery manufacturer and supplier, signed a contract to establish a new joint venture company to manufacture, sell and have R&D of lithium-ion batteries for hybrid vehicles, according to a press release from Honda.

The joint venture company, Blue Energy Co., Ltd., is scheduled to be established April 1.

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