Toyota and Panasonic are to form a joint venture called Prime Planet Energy & Solutions to manufacture automotive batteries. As well as a supply option for Toyota, the company will sell batteries to the wider automotive market. The move comes at a time of increasing demand for lithium-ion batteries as the market for electrified vehicles takes off around the world
Toyota and Panasonic are to form a joint venture called Prime Planet Energy & Solutions to manufacture automotive batteries, including lithium-ion, solid state and next generation versions
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