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Janpanese R&D battery company seeks M&A
|Total value of the target||N/A|
|Expected target net rate of return after deducting all taxes and fees||N/A|
|Validity period of pending order||365|
Senior Associate, International Business Advisory
|Project highlights||R&D of lithium batteries - target mass production - double driving range|
The Japanese start-up has been engaged in the R&D of lithium batteries for 10 years. According to the experimental data, it can increase the electric vehicle's driving range by 100%. The company mainly provides technical support for large companies. Its annual sales is about 100 million JPY (about 6.5 million RMB). At present, it is planned to carry out full mass production of battery cathode materials for a market that supports scaling the current business by 10x to 100x.
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