Industry
SoftBank to produce lithium, cobalt-free batteries targeting AI data centres
SoftBank plans to develop and produce batteries that do not contain costly lithium and cobalt, targeting energy storage for AI data centre networks. Nikkei Asia reported on May 3 that SoftBank will work with South Korean startup Cosmos Lab to produce next-generation zinc-halogen batteries in Japan as early as fiscal 2027. The move aims to address rising data centre power use and strengthen energy security amid intensifying competition in Japan.