Partnership

Panasonic x Toyota (Prime Planet Energy & Solutions)

Panasonic and Toyota established Prime Planet Energy & Solutions Inc. (PPES) in April 2020 as a joint venture for automotive battery development and production. Panasonic owns 49% and Toyota 51%. The JV was created as Panasonic's exclusive battery supplier relationship with Tesla diminished amid market changes.

joint venture · Active · verified

Track Panasonic x Toyota (Prime Planet Energy & Solutions)

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904bc83e-d0a0-4c8a-b991-7993a8483814

Parties (2)

Panasonic Holdings co developer
Toyota Motor Corporation co developer

Timeline

Announced: 2020-02-07
Start: 2020-04-01

Sources (1)

https://en.wikipedia.org/wiki/Panasonic

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