OSAKA — Japanese chemical group Nippon Shokubai will build a 37.5 billion yen ($263 million) plant to produce a material that could extend electric car battery life by about 60%, the 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.