Fujihatsu Tech America, Inc. and Toyota Tsusho America Inc. Entered into a Joint Venture To Manufacture Prismatic Cell Cases And Cell Covers For Automotive Batteries

Specifications:

Name:

Fujihatsu Tech America, Inc. and Toyota Tsusho America Inc. Entered into a Joint Venture To Manufacture Prismatic Cell Cases And Cell Covers For Automotive Batteries

Location:

USA

Company:

Fujihatsu Tech America, Inc. and Toyota Tsusho America Inc.

Estimated Cost:

-

Source:

https://www.taiamerica.com/

Introduction:

Fujihatsu Tech America, Inc. and Toyota Tsusho America Inc. announced today that the two companies have entered into a joint venture, FUJIHATSU & TOYOTSU Battery Components, North Carolina LLC (“FTBC”). This venture was created to manufacture and sell prismatic aluminum cell cases and cell covers with discharge valves to meet the increasing demand for automotive batteries.

Features:

Fujihatsu & Toyotsu Battery Components North Carolina LLC (FTBC) will specialize in manufacturing prismatic aluminum cell cases and cell covers with gas discharge valves for lithium-ion batteries for HEVs and eventually BEVs. The manufacturing facility is scheduled to be completed in February 2024, with mass production starting in January 2025. The initial production volume is planned to be 2.7 million units/month increasing to 3.6 million units/month after January 2026.

FUJI SPRINGS, with a significant market share in the Japanese market for prismatic aluminum cell cases and cell covers, will bring its technical expertise to the project, leveraging the manufacturing technology and know-how it has cultivated to date. Toyota Tsusho America will provide administrative and operational support, drawing on its sales and procurement capabilities and global network as a trading company.

FTBC will support the automotive battery supply chain, ensuring a stable supply of prismatic aluminum cell cases and cell covers, further contributing to the expansion of electric vehicles. With the realization of carbon neutrality, this will align with the global trend toward sustainable transportation solutions.