SoftBank is launching a battery manufacturing business in Japan to meet the escalating power demands of artificial intelligence applications. The company aims to produce battery cells and energy storage systems, targeting gigawatt-hour scale production by fiscal year 2028 and over 100 billion yen in annual revenue by 2030. This initiative involves partnering with South Korean startups to develop zinc-halogen batteries, which utilize water-based electrolytes for enhanced safety compared to traditional lithium-ion cells and to reduce reliance on Chinese supply chains. AI
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IMPACT Accelerates AI infrastructure build-out by securing dedicated power solutions.
RANK_REASON Company launching new infrastructure business to support AI growth.