Idemitsu Kosan's logo is pictured at its headquarters in Tokyo, Japan May 21, 2018. Picture taken May 21, 2018. REUTERS/Kim Kyung-Hoon/File Photo
ANEGASAKI, Japan (Reuters) - Japan's No.2 oil refiner, Idemitsu Kosan <5019.T> plans to build a large-scale plant for lithium sulphide, a key material for all-solid-state batteries, at its Chiba refinery, near Tokyo, the company said on Thursday.
Automakers and battery suppliers worldwide are racing to develop solid-state batteries, touted as crucial for longer-lasting, safer, and more affordable EVs amid slowing EV growth.
