Bosch, Mitsubishi and GS Yuasa to join forces

July 03, 2013
Bosch, Mitsubishi and GS Yuasa to join forces
Share:

Automotive giants Robert Bosch has agreed to work on automotive lithium ion battery development with Mitsubishi and Japanese battery maker GS Yuasa.


The companies intend to set up a joint venture to conduct research and development and provide sales and marketing support to the three parent companies, Bosch said in a statement this week. The batteries will be used for vehicles such as plug-in hybrids or electric cars.

Bosch will hold a 50 percent share in the joint venture, and GS Yuasa and Mitsubishi each will hold 25 percent. The venture will be based in the German supplier's hometown of Stuttgart and operations will commence early next year.

Bosch
PREVIOUS ARTICLE
Whats on the TVD?
NEXT ARTICLE
Holiday Brakes from Blue Print

More from GARAGE WORKSHOP

It starts with Ring

It starts with Ring

icon Renowned auto accessory specia...
Shape the future of the bilstein range with FANS

Shape the future of the bilstein range with FANS

icon The bilstein group is constant...
Schaeffler’s REPXPERT Millionaire promotion returns – with a makeover

Schaeffler’s REPXPERT Millionaire promotion returns – with a makeover

icon For the past two years, Schaef...
Volvo boost pressure fault

Volvo boost pressure fault

icon A  customer recently brou...
Variations in VAG tensioner pulleys

Variations in VAG tensioner pulleys

icon There are different versions o...
GS Yuasa to partner European Drift Champion Baggsy 

GS Yuasa to partner European Drift Champion Baggsy 

icon GS Yuasa, a global leader in b...

More from AUTOBIZ