SoftBank to Produce In-House Batteries for AI Data Centers

Published: Apr 24, 2026 10:55

Save

According to Bloomberg and other major media outlets on April 24 (local time), SoftBank has begun preparations to convert part of its factory in Sakai into a large-scale battery production line.

The company aims to establish production capacity of several gigawatt-hours (GWh) within the next five years, which is expected to become one of the largest battery manufacturing facilities in Japan.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Tesla sells USD 890 million worth of EVs and batteries to SpaceX

SpaceX said in a prospectus filed with the U.S. Securities and Exchange Commission (SEC) on May 20 local time that it purchased Tesla’s Megapack energy storage systems over the two years from 2024. The transaction value was USD 506 million in 2024 and USD 191 million in 2025. SpaceX also purchased USD 131 million worth of Cybertrucks from Tesla last year. Considering the vehicle’s price of around KRW 100 million per unit, SpaceX is estimated to have bought more than 1,900 units. Tesla’s revenue from transactions with SpaceX is estimated at around USD 890 million.

1 hour ago

POSCO Future M to sell entire remaining stake in Chinese anode materials company

According to investment banking industry sources on May 21, POSCO Future M has decided to sell its entire remaining 8.30% stake in Chinese synthetic graphite anode materials company, Inner Mongolia Sinuo New Material Technology Co., Ltd.

1 hour ago

SK On restructures battery joint venture with Ford, to independently operate Tennessee plant

SK Innovation disclosed on May 21 that, following the completion of the restructuring of BlueOval SK, its joint venture with Ford, SK On has converted the existing Tennessee plant into “SK On Tennessee” and begun independent operations. Accordingly, the existing investment plan for SK Battery America has also been changed from joint venture establishment and plant investment to independent operation of the Tennessee plant.

1 hour ago