Toshiba To Build Battery Fab In Japan

Anticipating Strong Future Demand, Japan’s Toshiba Corporation To Invest JPY 16.2 Billion ($144 Million) In Building Company’s Second SCiB Lithium-Ion Rechargeable Battery Facility In Kanagawa Prefecture
04:22 AM (Beijing Time) - 21. October 2018
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Toshiba already operates a SCiB lithium-ion rechargeable battery in Kashiwazaki in Niigata prefecture, Japan. To be ready for the anticipated demand for these batteries in the future, Toshiba is now investing in a second fab in Kanagawa prefecture. (Photo Credit: Toshiba International Corporation)

Key Takeaways

  • Toshiba Corporation is set to invest JPY 16.2 billion ($144 million) to set up its second SCiB lithium-ion rechargeable battery facility
  • It will be located on 27,000 m2 area in Yokohama in Kanagawa prefecture of Japan
  • Construction on the factory is expected to begin in July 2019 with production to start in October 2020

Japanese electronics company Toshiba Corporation will be setting up a new fab to produce SCiB lithium-ion rechargeable battery in Yokohama, Kanagawa prefecture. This will be in addition to the current factory it operates in Kashiwazaki in Niigata prefecture, that’s operated by Toshiba Infrastructure Systems & Solutions Corporation (TISS).

The SCiB battery uses lithium titanium oxide. Toshiba claims its battery to run for over 20,000 charge and discharge cycles with high input/output power performance and high safety features.

The new fab will be built on a 27,000 m2 area as a three-story, steel frame structure. Toshiba estimates the facility to cost JPY 16.2 billion ($144 million). Construction is scheduled to begin in July 2019, production to start in October 2020.

Toshiba says the decision stems from the strong future demand for batteries it anticipates. The fab will also serve as a production technology development centre that should allow TISS to respond positively to future expansion of the lithium-ion rechargeable battery market.

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani