ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Toray building plant for electric-car battery parts in Europe

As world goes electric, Japanese group plans to spend $1bn through 2020

Toray's new factory will make separators, films that prevent battery short circuits.

TOKYO -- Japan's Toray Industries will build a European plant to make parts for lithium-ion batteries used in electric vehicles, part of a 120 billion yen ($1.08 billion) spending plan through around 2020 that comes as the world gears up to leave fossil-fuel cars behind.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more