Tokyo, Apr 21, 2009 - (JCN Newswire) - Blue Energy Co., Ltd., a new joint venture company between GS Yuasa and Honda for the manufacturing, sales and R&D of lithium-ion batteries for hybrid vehicles, held a groundbreaking ceremony to mark the start of construction of its Osadano Plant in Fukuchiyama, Kyoto.
The groundbreaking ceremony was attended by approximately 100 dignitaries and guests, including Keiji Yamada, the governor of Kyoto prefecture and Masaji Matsuyama, the mayor of Fukuchiyama city, as well as Makoto Yoda, president and CEO of GS Yuasa Corporation, Takeo Fukui, president and CEO of Honda Motor Co., Ltd., and Masahiko Oshitani, president and CEO of Blue Energy Co., Ltd.
The new plant is scheduled to begin production sometime around fall 2010.
About Honda
Honda Motor Co., Ltd. (TSE:7267/NYSE:HMC/LSE:HNDA.L) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com.
Contact:
corporate_pr@hm.honda.co.jp
Apr 21, 2009 Source: Honda Honda (TSE: 7267) (FTSE: HNDA) (U.S: HMC)
From the Japan Corporate News Network
http://www.japancorp.net
Topic: Press release summary
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