Toyota, Panasonic announce venture for green auto batteries

Toyota, Panasonic announce venture for green auto batteries

Toyota Motor and Panasonic are launching a joint venture next year to make electric vehicle (EV) batteries. Toyota will own 51 percent of the joint venture. The joint venture builds on an initial lithium-ion battery partnership struck between the two companies in late 2017. Batteries produced by the joint venture will be sold to various automakers.

Timothy
Timothy
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