Honda Motor Company had signed a joint development agreement for lithium-metal batteries with Boston-based EV battery company SES Holdings Pte Ltd.
Japanese automaker Honda Motor Co. on Wednesday said it has signed a joint development agreement for lithium-metal batteries with Boston-based EV battery company SES Holdings Pte Ltd.
In a statement, Honda said that SES plans to list on the New York Stock Exchange through a Special Purpose Acquisition Company (SPAC) transaction, and the Japanese automaker plans to buy approximately 2% of listed company SES AI Corporation. Is.
Lithium-metal batteries are expected to achieve higher energy densities than lithium-ion batteries, which are used in most battery-electric vehicles today.
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