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.
Nippon Shokubai to join growing Japanese electric vehicle supply chain

The electrolyte LiFSI can extend the life of an electric vehicle battery to 800 charging cycles from 500. (Photo by Masayuki Kozono)
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.