https://www.greencarcongress.com/2020/0 ... lanet.html
Toyota and Panasonic to establish joint venture specializing in automotive batteries: prismatic Li-ion, solid-state and next-gen
This decision comes just over a year since the two companies that they had concluded a business integration contract and a joint-venture contract toward the establishment of a new company. . . .
The joint venture announced by Toyota and Panasonic will develop highly competitive, cost-effective batteries that are safe and feature excellent quality and performance (in terms of capacity, output, durability, etc.).
Furthermore, the joint venture will supply batteries not only to Toyota but also, broadly and stably, to all customers.
The partners expect employment of approximately 5,100, including 2,400 at a subsidiary in China.