Toyota Partners with Panasonic to Build Lithium-Ion Batteries for Hybrid Vehicles

Published October 6th, 2020 - 01:30 GMT
Toyota Partners with Panasonic to Build Lithium-Ion Batteries for Hybrid Vehicles
The production line at a Panasonic factory in Tokushima prefecture will have enough capacity to build batteries for around 500,000 vehicles a year. (Shutterstock)
A Toyota Motor Corp and Panasonic Corp joint battery venture will establish a production line in Western Japan to manufacture lithium-ion power units for hybrid vehicles beginning in 2022, the company said on Tuesday.
 

The production line at a Panasonic factory in Tokushima prefecture will have enough capacity to build batteries for around 500,000 vehicles a year, Prime Planet Energy & Solutions, Inc said in a press release, Reuters reported.


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