Establishment of New Lithium-ion Battery Plant in Hungary

01/11/2018

GS Yuasa Corporation (Tokyo Stock Exchange: 6674; “GS Yuasa”) hereby announces to establish a manufacturing subsidiary company, GS Yuasa Hungary Ltd. in Hungary and to construct a new plant for lithium-ion batteries.

Lithium-ion batteries will be assembled in a new plant with lithium-ion cells made in Japan. These batteries will be used for SLI (Starting, Lighting, and Ignition) applications which are expected to be expanded in the European market. GS Yuasa will also consider manufacturing lithium-ion cells in this plant in future.

1. Company name GS Yuasa Hungary Ltd.
2. Location Miskolc, Hungary
3. Establishment October, 2017
4. Capital 3.5 million euro (about 455.0 million yen)
5. Investors GS Yuasa International Ltd.    100%
6. Business Development and manufacture of lithium-ion batteries
7. Land size 140,000 m2
8. Annual production capacity 500,000 batteries

GS Yuasa will continue to respond to the market environment change in its extensive technologies. [Profile of GS Yuasa Hungary Ltd.]

 

 

1. External view of the new plant


2. New plant site

To learn more about GS Yuasa’s LSE family of Li-ion cells for space, please contact GS Yuasa Lithium Power, Inc.

 

About GS Yuasa Corporation
GS Yuasa Corporation was established in 2004 by the merger of Japan Storage Battery Co., Ltd and YUASA Battery. GS Yuasa develops and manufactures batteries and power supply systems for a wide range of special applications. The company’s high-performance, high-quality batteries are installed in sea, land, and aerospace environments, from depths of 6,500 meters below the ocean surface to 36,000 kilometers in space.
http://www.gs-yuasa.com/jp/ (Japanese)
https://www.gs-yuasa.com/us/ (English)

 

About GS Yuasa Technology, LTD (GYT)
GS Yuasa Technology is a subsidiary of GS Yuasa Corporation located in Kyoto, Japan. GYT designs and manufacturers large format lithium ion cells for aerospace and specialty applications.
1-37 Osadano-cho Fukuchiyama-shi
Kyoto pref. 620-0853, Japan
Phone: 81-773-20-2630

About GS Yuasa Lithium Power (GYLP)
GS Yuasa Lithium Power, Inc. is the United States subsidiary of GS Yuasa focused on large format lithium ion battery system manufacturing for US customers. Primary products are lithium-ion battery systems for aerospace, defense, commercial, and industrial applications. https://gsyuasa-lp.com/

For additional information, please contact:

GS Yuasa Lithium Power, Inc

1150 Northmeadow PKWY Suite 118 Roswell, GA 30076 USA 888.GSYUASA (888.479.8272) 678.892.7501 (fax) media@gsyuasa-lp.com

https://www.gsyuasa-lp.com