If you need to know about batteries; you’ve come to the right place
Chinese flag点击这里访问我们的中文网站Chinese flag

Toyota and Panasonic agree batteries joint venture

Mon, 01/28/2019 - 00:00 -- Hugh Finzel
Shigeki Terashi

Japanese compatriots Panasonic and Toshiba have concluded contracts toward setting up a joint venture (JV) company related to the automotive prismatic battery business.

The JV— which is subject to approval by anti-trust chiefs— will cover “research, development, production, engineering, manufacturing, procurement, order receipt, and management”.

Toyota will contribute equipment and personnel in the areas of development and production engineering related to battery cells, while Panasonic will contribute equipment and personnel to support activities including production, development, engineering and manufacturing (at its plants in Japan and Dalian, China).

Sign-up to our FREE weekly industry newsletter, to get the weeks news delivered to your inbox every Monday.