[SMM New Energy] Total investment exceed 3.1B yuan, Toyota plans to build a 2GWh ESS battery manufacturing plant.

Published: Feb 25, 2026 10:31
Japan's major battery company, GS Yuasa International Ltd., announced the launch of its "Battery Stable Power Supply Assurance Plan." It intends to construct an ESS battery manufacturing plant with an annual capacity of 2 GWh in northern Tokyo. The total project investment amounts to 70.3 billion yen (approximately 3.13 billion yuan). The plant is expected to commence operations in October 2028 and will become one of Japan's largest battery factories upon completion.

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