OSAKA -- Japanese chemical group Nippon Shokubai will build a 37.5 billion yen ($263 million) plant to produce a material that can lengthen the life of an electric vehicle battery by around 60%, Nikkei has learned.
The plant will produce lithium bis(fluorosulfonyl)imide (LiFSI), a newer type of lithium-ion battery electrolyte. Production is expected to begin in 2028.
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