TMC Strengthens Battery Production Capabilities | Corporate | Global Newsroom

Home » blog » TMC Strengthens Battery Production Capabilities | Corporate | Global Newsroom
TMC Strengthens Battery Production Capabilities | Corporate | Global Newsroom

Toyota Motor Corporation (TMC) has agreed with Panasonic Holdings Corporation (Panasonic HD) to make Primearth EV Energy Co., Ltd. (PEVE) a wholly owned subsidiary in order to strengthen its capabilities in mass-producing automotive batteries. The acquisition is scheduled to take place in late March.

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