December 21, 2017 / 6:00 AM / 9 months ago

Honda, Nissan developing solid-state batteries for EVs - report

TOKYO (Reuters) - Japan’s Honda Motor Co (7267.T) and Nissan Motor Co (7201.T) are developing all solid-state batteries for electric vehicles (EVs), Kyodo News reported on Thursday.

FILE PHOTO: A man walks under the logo of Nissan Motor Co at the company's showroom in Yokohama, south of Tokyo February 8, 2013. REUTERS/Toru Hanai/File Photo

It was not clear from the report whether the two companies were expected to work together.

The logos of Honda Motor Co. is pictured at the 45th Tokyo Motor Show in Tokyo, Japan October 25, 2017. Picture taken October 25, 2017. REUTERS/Toru Hanai

Tighter global emissions regulations are forcing automakers worldwide to shift to EVs, and some are tying up to share the high costs of developing batteries for them.

In Japan, Toyota Motor Corp (7203.T) has teamed up with Panasonic (6752.T) to research developing EV batteries.

Honda told Reuters it was looking at the possibility of developing all solid-state batteries but would not elaborate, while Nissan was not immediately available for comment.

Reporting by Naomi Tajitsu; Editing by Himani Sarkar

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