Japan's Maxell to Terminate Lithium-Ion Battery Production

Tokyo, March 24 (Jiji Press)--Japanese electronic parts and materials maker Maxell Ltd. said Monday that it will terminate its production of prismatic lithium-ion batteries as early as May. Maxell will dissolve Chinese subsidiary Wuxi Maxell Energy Co., which makes the product, to focus the group's business resources for secondary batteries on all-solid-state batteries. Production of pris...

Japan's Maxell to Terminate Lithium-Ion Battery Production
Tokyo, March 24 (Jiji Press)--Japanese electronic parts and materials maker Maxell Ltd. said Monday that it will terminate its production of prismatic lithium-ion batteries as early as May. Maxell will dissolve Chinese subsidiary Wuxi Maxell Energy Co., which makes the product, to focus the group's business resources for secondary batteries on all-solid-state batteries. Production of pris...