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Toyota and Panasonic JV to begin manufacturing lithium-ion cells for EVs in Japan

Wed, 10/07/2020 - 14:35 -- Paul Crompton

A joint venture between vehicle OEM Toyota Motor Corporation and lithium-ion battery maker Panasonic is set to begin making prismatic batteries for automotive applications in 2022.

The new company, Prime Planet Energy & Solutions (PPES) will produce lithium-ion batteries for hybrid cars at a plant in western Japan.

 

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