NEC and GS Yuasa Reach Agreement on Supplying Lithium-Ion Batteries for Electric Vehicles

Initially, the companies aim to determine the conditions under which NEC will provide its lithium-ion battery electrodes to GS Yuasa by the end of October 2012. The companies then seek to expand their cooperation in the energy storage field through areas such as lithium-ion batteries for energy storage systems.

Looking forward, as worldwide demand for large scale lithium-ion batteries continues to grow, both companies will capitalize on their experience in the mass production of lithium-ion batteries for automobiles in order to provide environmentally friendly products and technologies with superior competitive strength.

GS Yuasa Corporation has contributed to world economic development and helped people to achieve prosperity through the development and manufacture of batteries, power supply systems and other products for over a century. Today, GS Yuasa continues to use advanced technology developed during this long history to strengthen its foundations as a manufacturer of next-generation batteries, including lithium-ion batteries.

NEC Corporation (TSE: 6701) is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company’s experience and global resources, NEC’s advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society.