TOPPAN and Toyo Seikan to form Swedish joint venture for EV battery packaging

TOPPAN Holdings and Toyo Seikan will sign a letter of intent to set up a joint venture in Sweden making lithium-ion battery packaging for automakers, with Toyo Seikan holding 51% and a planned total investment of about 11 billion yen.

“TOPPAN Holdings Inc. (TYO: 7911) (TOPPAN Holdings) and Toyo Seikan Co., Ltd. (Toyo Seikan) will sign a letter of intent (LOI) on the establishment of a joint venture that will manufacture and sell packaging for automotive lithium-ion batteries in Sweden.”holdings.toppan.com

• 1 source
• holdings.toppan.comTOPPAN Holdings and Toyo Seikan to Sign LOI on Establishment of Joint Venture Manufacturing Packaging for Automotive Lithium-Ion Batteries in Europe | TOPPAN Holdings Inc.Jun 21, 2024

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