Mitsubishi, Asahi scale back battery materials plans

    Standfirst:   Weaker-than-expected EV sales was cited as the reason for changing plans by both companies. By Stewart Burnett   Body:   Mitsubishi Chemical Group and Asahi Kasei are scaling back plans to expand electric vehicle (EV) battery material production, citing a slowdown in consumer demand for electric vehicles as the reason. Specifically, … Continued The post Mitsubishi, Asahi scale back battery materials plans appeared first on Automotive World.

Apr 10, 2025 - 13:30
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Mitsubishi, Asahi scale back battery materials plans

    Standfirst:   Weaker-than-expected EV sales was cited as the reason for changing plans by both companies. By Stewart Burnett   Body:   Mitsubishi Chemical Group and Asahi Kasei are scaling back plans to expand electric vehicle (EV) battery material production, citing a slowdown in consumer demand for electric vehicles as the reason. Specifically, … Continued

The post Mitsubishi, Asahi scale back battery materials plans appeared first on Automotive World.