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Panasonic and Yanmar Energy Systems agreed to establish a joint venture by April 2025 to develop and manufacture gas heat pump air conditioner outdoor units. The JV will be based in Gunma, Japan, with capital of 90 million yen (Panasonic 51%, Yanmar 49%).
“今回新たに、2025年4月を目処として、GHP室外機の開発と製造に関する合弁会社を設立することで合意しました。”news.panasonic.com
Summarized from public sources; check the original articles before acting on it.