Blue Energy Co Ltd: Honda and GS Yuasa JV

Honda Yuasa

GS Yuasa and Honda have announced the name of their new JV company – Blue Energy Co Ltd. It will be established on the 1st of April 2009 and will focus on the manufacturing, sales and R&D activities for high-performance lithium-ion batteries aimed at hybrid vehicle usage.

Blue Energy will be based in Minami-ku, Kyoto and will have 3 billion yen of capital, with a possible increase of capital and capital surplus to 15 billion yen. The investment will be 51% GS Yuasa and 49% Honda Motor. Its president and CEO will be Masahiko Oshitani from GS Yuasa.

A factory for Blue Energy wlil be built next to GS Yuasa’s existing site in Osadano, Kyoto. Blue Energy’s first manufacturing job will be the GS Yuasa EH6, a lithium ion battery that has already been developed.

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Paul Tan

After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history.

 

Comments

  • Calvin De La Rosa on Mar 25, 2009 at 5:33 pm

    Question…

    Why JV?

    What's the benefit?

    Is there any advantage/disadvantage, for example

    HONDA stays as a company and YUASA stays as

    a company and only acted as a vendor supplying

    the batteries to HONDA?

    Like or Dislike: Thumb up 0 Thumb down 0
  • Paul Tan on Mar 25, 2009 at 5:46 pm

    Need a large pool of money for R&D costs of next gen of batteries, its better if two companies share the cost.

    Like or Dislike: Thumb up 0 Thumb down 0
  • BanyakMasukWorkshop on Mar 25, 2009 at 5:55 pm

    [quote comment="224065"]Need a large pool of money for R&D costs of next gen of batteries, its better if two companies share the cost.[/quote]

    agreed.. especially when both companies will benefit from the new technology that will emerge from this JV.

    Like or Dislike: Thumb up 0 Thumb down 0
  • rizal on Mar 25, 2009 at 6:35 pm

    Two thumbs up !!!

    Like or Dislike: Thumb up 0 Thumb down 0
  • osh_kosh on Mar 26, 2009 at 1:58 am

    aim = cheaper mass produce Li-ion batt for hybrid car… good enuff 4 me :)

    Like or Dislike: Thumb up 0 Thumb down 0
  • moha774 on Mar 26, 2009 at 5:16 pm

    Hahahh… All this while I thought Yuasa batteries are made locally… never thought it is Japanese…Silly me..

    Like or Dislike: Thumb up 0 Thumb down 0
 

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