Toyota and Panasonic to form automotive battery joint venture

Toyota Motor Corp. and Panasonic Corp. announced the establishment of Prime Planet Energy & Solutions, Inc., a joint venture specializing in automotive prismatic and solid-state batteries, to begin operations on April 1, 2020. Toyota will own 51% and Panasonic 49%.

“Toyota Motor Corp. and Panasonic Corp. announced today that they have decided to establish Prime Planet Energy & Solutions, Inc., a joint venture specializing in automotive prismatic and solid-state batteries.”cdrinfo.com

• 1 source
• cdrinfo.comToyota and Panasonic to Establish Joint Venture Specializing in Automotive Prismatic Batteries | CdrInfo.comMar 8, 2018

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