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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.
Toyocolor Co., Ltd. announced that its LIOACCUM conductive carbon nanotube dispersions have been adopted as a conductive additive for lithium-ion batteries produced by Primearth EV Energy for Toyota hybrid vehicles, with shipments started in Japan.