Establishment of new lithium-ion battery plant in Hungary

External view of the plant.

 

Düsseldorf, January 2018 – GS Yuasa Corporation 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.
GS Yuasa will continue to respond to the market environment change in its extensive technologies.

 

Profile of GS Yuasa Hungary Ltd.:

Company name: GS YUASA Hungary Ltd.

Location: Miskolc, Hungary

Establishment: October 2017

Capital: 3.5 million Euro

Investors: GS YUASA International Ltd., 100%

Business: Development and manufacture of lithium-ion batteries

Land size: 140,000 qm

Annual production: 500,000 batteries

 

 

New plant site.

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