Asahi Kasei and Honda launch a joint venture to produce lithium-ion battery separators in Canada.

Asahi Kasei Corporation and Honda Motor Co. have formed a joint venture, Asahi Kasei Honda Battery Separator Corporation, to produce lithium-ion battery separators in Port Colborne, Ontario. Honda will invest approximately C$417 million, while Asahi Kasei will hold a 75% stake. The venture aims to enhance electric vehicle performance and sustainability, with operations expected to start in 2025 and commercial production by 2027, pending necessary approvals.

November 01, 2024
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