Toyota and Panasonic agree on feasibility study of a joint automotive prismatic battery business.
Toyota and Panasonic have agreed to commence a feasibility study of a joint automotive prismatic battery business.
Panasonic has accumulated its industry-leading capability to develop automotive batteries over many years, and Toyota has accumulated vehicle electrification technologies through the development of hybrid vehicles.
Akio Toyoda, President of Toyota, believes that, “What is necessary to create the future is the venture-company spirit of wanting to make the world a better place and the spirit of getting better and better, the ever-present understanding that there is always a better way and better technology. Toyota also loves cars and is determined to never let them become commodities.”
On our way to a “richer and more enjoyable mobility society” with @Panasonic. Together, we aim to create a best-in-industry automotive prismatic battery and to do our part in contributing to the widespread adoption of electrified vehicles.
Related Posts
-
Toyota Sa Invests R6,1 Billion to Build New Hilux and Fortuner
-
Silverstone Debut for Toyota Gazoo Racing
-
Toyota picks things up with the new Hilux Dakar edition
« Burgersfort: Search continues for fourth remaining suspect Making the most of your favourite holiday destinations »
