Suzuki to Acquire Kanadevia's All-Solid-State Lithium-Ion Battery Business
2026
2006
What Happened
Suzuki Motor Corporation has entered into a business transfer agreement with Kanadevia Corporation to acquire its all-solid-state lithium-ion battery business. The acquisition, to be completed on July 1, 2026, includes technology development, design, and sales. Financial terms were not disclosed.
Kanadevia begins development of all-solid-state lithium-ion batteries
Suzuki announces agreement to acquire Kanadevia's battery business
Acquisition expected to become effective
Kanadevia's all-solid-state batteries use a proprietary dry manufacturing process, offering high safety with no liquid leakage, excellent environmental resistance, and operation across a wide temperature range. These features make them suitable for aerospace and high-temperature, vacuum applications. Suzuki plans to inherit and further develop these technologies.
Why this matters
This acquisition gives Suzuki access to advanced solid-state battery technology that offers high safety and wide operating range, potentially boosting its electric vehicle development.
Terms in This Story
- all-solid-state lithium-ion battery
- A battery that uses solid electrolytes instead of liquid, offering higher safety and energy density.
- dry manufacturing process
- A production method that avoids liquid solvents, reducing cost and environmental impact while improving battery performance.
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