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Live+1 todayUpdated 1h ago

Suzuki to Acquire Kanadevia's All-Solid-State Lithium-Ion Battery Business

Suzuki Motor Corporation announced it will acquire Kanadevia Corporation's all-solid-state lithium-ion battery business, effective July 1, 2026.

Key figure

2026

Figure 2

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.

Key Milestones
  1. 2006

    Kanadevia begins development of all-solid-state lithium-ion batteries

  2. 4 March 2026

    Suzuki announces agreement to acquire Kanadevia's battery business

  3. 1 July 2026

    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.
Read Original: Suzuki Motor Corporation

Summarised from the linked release; details can be imperfect — always verify against the original source.