Railway battery market to reach $514 million by 2030 April 14, 2025 There is a huge demand for railway batteries in Asia-Pacific in the forecast period, driven by China, India and Japan, which are the rail industry hubs in the region.
Aerospace battery market to reach $335 million by 2034 April 04, 2025 North America is expected to remain the largest region in the aerospace battery market. Asia-Pacific, particularly China and India, will likely experience the fastest market recovery.
Battery technology market to reach $137 billion by 2031 March 21, 2025 Asia Pacific is the largest market for battery tech with a share of 50%, followed by Europe and North America. In terms of products, lead-acid battery is the largest segment with a share of 55%.
GS Yuasa cuts the ribbon for UK battery facility October 02, 2023 GS Yuasa Corporation has officially opened the company’s new facility at Ignition Park, Swindon.
Honda and GS Yuasa to set up battery joint venture May 15, 2023 Honda Motor and GS Yuasa have reached a basic agreement toward collaboration for a high-capacity, high-output lithium-ion battery. The two companies will discuss specifics with the goal of establishing a joint venture company by the end of 2023.
Lotte Aluminium to set up manufacturing in Hungary February 25, 2020 Lotte Aluminium, a South Korean company, will soon produce aluminium anode foils for batteries in Tatabánya, Hungary.
GS Yuasa inaugurates manufacturing plant in Hungary October 10, 2019 GS Yuasa's first factory on the European continent is now complete. Through its EUR 28.8 million plant in Miskolc, the Japanese battery producer will supply its European automotive partners with lithium-ion resources.
Doosan reinforces European Battery production July 30, 2019 Doosan is to open its European copper thin foil manufacturing unit in Hungary. In the framework of the investment, worth EUR 100 million, the South-Korean company is to construct its new factory in the Tatabánya Industrial Park.
South Korean producer to set up copper foil plant in Hungary November 08, 2018 South Korean Doosan has chosen Hungary as the location for its new copper foil plant.
High reliability VRLA batteries from Yuasa available at Gresham Power June 15, 2018 Authorised Yuasa battery distributor Gresham Power Electronics, the Salisbury based Defence and Commercial power conversion specialist, announces the availability of two series of high reliability VRLA batteries (valve-regulated lead-acid) from Yuasa’s wide industrial product range.
Saft plans to invest €200 million in next-gen batteries May 28, 2018 The French battery manufacturer is reportedly planning a EUR 200 million investment in a next-gen European battery alliance project.
GS Yuasa starts construction of Hungarian factory April 05, 2018 Following South-Koreas Samsung SDI and SK Innovation, Japanese GS Yuasa has started the construction of its Hungarian factory.
More competition for European battery manufacturers March 06, 2018 Several players are in the midst of building – or planning – large scale manufacturing plants in order to keep up with the anticipated increase in demand as the automotive industry is becoming more and more electrified.
Bosch abandons battery strategy – opts for outsourcing March 01, 2018 The company has previously said that it aims to lead the mass market for electromobility that will emerge after 2020. While that goal still holds true, the company is planning to reach it slightly differently than before.
Japanese manufacturer to set up battery plant in Hungary January 11, 2018 GS Yuasa Corporation says it planning to establish a manufacturing subsidiary company, GS Yuasa Hungary Ltd. in Hungary and to build a new plant for lithium-ion batteries.
Faster charging is growth driver for electric vehicles November 09, 2017 The global electric vehicle battery market is set to grow at a CAGR of 41.95 percent during the period 2017-2021, writes market researcher TechNavio. One trend in the market is faster charging of electric vehicles.
NICHIA partners with Future Lighting Solutions March 16, 2016 LED technology company NICHIA Corporation and Future Lighting Solutions (FLS), have entered into a new distribution agreement covering the Americas and Europe.
Bosch, GS Yuasa, and Mitsubishi join forces June 21, 2013 Robert Bosch and the Japanese companies GS Yuasa International, and Mitsubishi Corporation, based, have agreed to work together on the next generation of high-performance lithium-ion batteries.