Post by
startenout on Mar 11, 2024 10:28am
Toyota buys out Panasonic in EV battery partnership
TOKYO — Toyota is tightening control over critical battery production as it readies the ramp-up of next-generation electric vehicles in Japan for worldwide export. Toyota is buying out longtime partner Panasonic for full ownership of their 28-year-old battery-making joint venture, Primearth EV Energy Co.