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Toyota invests in Japanese polymer lithium-ion battery maker APB

Wed, 07/08/2020 - 12:01 -- Paul Crompton

Toyota Group has invested in Japanese polymer lithium-ion battery developer APB Corporation by means of third-party allocation of new shares.

Japanese conglomerate Toyota made the investment in the bipolar-stacked lithium-ion battery start-up through its trading arm Toyota Tsusho Corporation.

Toyota Tsusho will promote APB products through its sales network in a range of applications, including large, stationary power sources and motor vehicles.

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