Toyota to make Primearth EV Energy battery venture with Panasonic wholly owned subsidiary

Toyota Motor reached an agreement with Panasonic Holdings to make Primearth EV Energy Co, their joint venture, a wholly owned subsidiary of Toyota. The acquisition is expected in late March 2024.

“Toyota said on Tuesday it had reached an agreement with Panasonic Holdings to make one of their joint ventures the automaker's wholly owned subsidiary.”reuters.com

• 1 source
• reuters.comToyota to make battery venture with Panasonic wholly owned subsidiaryMar 5, 2024

Summarized from public sources; check the original articles before acting on it.