Joint Research and Development Agreement on Next-Generation Lithium-ion Battery MaterialJoint Research and Development Agreement • June 19th, 2018
Contract Type FiledJune 19th, 2018Toshiba Infrastructure Systems & Solutions Corporation (Representative Director: Shinichiro Akiba; Head Office: Kawasaki-shi, Kanagawa; “Toshiba”), an operating company of Toshiba Corporation, Sojitz Corporation (Representative Director: Masayoshi Fujimoto; Chiyoda-ku, Tokyo; “Sojitz”), and Companhia Brasileira de Metalurgia e Mineração (Representative Director: Eduardo Ribeiro; São Paulo, Brazil; “CBMM”), have concluded a joint agreement on the development of anode material for lithium-ion batteries using Niobium Titanium Oxide (NTO). The three companies will cooperate in the development of a next generation lithium-ion battery material characterized by its high-energy density and ultra-rapid recharging capability required for automotive applications.