Under the Lithium Energy and Power GmbH & Co umbrella, Bosch holds a 50 percent stake with GS Yuasa International Ltd. and Mitsubishi Corporation each holding 25 percent. The composition of the board of management reflects these shareholdings. Its members are Dr. Rolf Speicher from Robert Bosch GmbH, Toshio Ohara from Yuasa and Yutaka Kashiwagi from Mitsubishi Corp. There are some 70 associates in Germany and Japan during the initial stage of the new joint venture.
Bosch and partners to develop next-generation lithium-ion battery technology
This next-generation lithium-ion battery technology is essential to ensure a successful transition of mass-produced electric cars vehicle in the next decade. “In setting up this joint venture, we want to achieve nothing less than a giant leap forward in the development of battery technology. Our aim is to make lithium-ion batteries twice as efficient,” Dr. Volkmar Denner, Chairman of the board of management of Robert Bosch GmbH, commented.
For electric vehicles, the Bosch next-gen lithium-ion batteries will mean greater efficiency and range, and for consumers, future e-cars will become more affordable due to the smaller rechargeable batteries. Bosch and partners are confident that electromobility will become a mass market from 2020 onward. Electromobility is an important step toward making mobility climate-friendly and sustainable.
Bosch, Yuasa and Mitsubishi JV: Battery-pack know-how meets battery-cell competence
Bosch will support these joint activities with its entire portfolio of components for electromobility. With its competence in the area of battery packs and battery management systems, Bosch specializes in the monitoring and control of cells and complete systems, as well as in integrating them into vehicles. In addition, it will contribute its know-how in production processes and quality management relating to the large-scale series production of complex products.
Yuasa will contribute its many years of experience in manufacturing lithium-ion battery cells whose high density makes for a longer range, as well as its expertise in materials systems and electrochemistry. As an established manufacturer of automotive and non-automotive lithium-ion battery cells, Yuasa has a strong engineering team and modern production lines with a high level of automation.
Mitsubishi Corp. will contribute its global sales network and experience as an integrated global business enterprise. In addition, Mitsubishi will use its strengths in the establishment of global value-added chains – which include raw materials, semi-finished products, and marketing – to take the joint venture forward.