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Marketing In Asia > Blog > Business > News > Honda and Mitsubishi Collaborate on EV Battery Innovations in Japan
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Honda and Mitsubishi Collaborate on EV Battery Innovations in Japan

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Last updated: 2023/10/12 at 3:53 PM
Divya Dubey
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Behind the polished exteriors and advanced functionalities of Honda and Mitsubishi lies a groundbreaking partnership set to redefine the electric vehicle (EV) landscape. These automotive giants, often regarded as pioneers in the industry, have recently announced a collaboration focused on EV battery technology. This alliance prompts the question: What’s the future trajectory for EVs in the Asia Pacific region?

Background of the Collaboration

In a recent announcement, Honda Motor and Mitsubishi Corp unveiled their strategic partnership aimed at exploring and mass-producing all-solid-state batteries for electric vehicles. This collaboration is not just about technological innovation; it’s a testament to their shared vision for a sustainable automotive future.

The essence of their partnership revolves around the development of batteries that not only power EVs but also serve as a pivotal energy source. This approach is in line with Honda’s broader vision of not just selling EVs but also proactively managing energy.

Honda and Mitsubishi’s Stance in the EV Sphere

Honda’s commitment to EVs has been evident, albeit with a cautious approach initially. However, with this collaboration, Honda is signaling its intent to be at the forefront of EV battery technology. Mitsubishi, on the other hand, brings its vast experience and expertise, making this partnership a formidable force in the industry.

Also Read: Unraveling Google’s Controversial Ad Power Tactics

A significant factor behind this collaboration is the shared belief in the potential of all-solid-state batteries. These batteries promise longer driving ranges, reduced charging times, and overall enhanced performance, making them a game-changer for the EV industry.

Understanding the Potential of All-Solid-State Batteries

All-solid-state batteries differ from traditional batteries in their composition and functionality. Key aspects that set them apart include:

  • Durability and Longevity: These batteries are designed to last longer and withstand the rigors of daily use, making them ideal for EVs.
  • Efficiency: With the potential to store more energy, these batteries can provide longer driving ranges, addressing one of the primary concerns of EV users.
  • Safety: The absence of liquid electrolytes reduces the risk of leaks and potential fire hazards.
  • Cost-effectiveness: While currently on the higher side, the cost of these batteries is expected to decrease with advancements in technology and mass production.

The Road Ahead

The collaboration between Honda and Mitsubishi is not just a business alliance; it’s a reflection of their commitment to a greener and more sustainable future. As they embark on this journey, the automotive industry and consumers alike will be keenly watching. The outcomes of this partnership could very well set the tone for the next phase of EV evolution in the Asia Pacific and beyond.

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TAGGED: Asia Pacific, Electric Vehicles, energy management, EV batteries, Honda, Mitsubishi, smart charging, sustainable energy, Vehicle to Grid system

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    DivyaDubey October 12, 2023 October 12, 2023
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    By DivyaDubey
    Marketing and Digital Branding Consultant with experience across Insurance, HealthTech and Digital Media Industries.
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