Toyota and Panasonic name battery joint venture Prime Planet Energy & Solutions

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Toyota and Panasonic have named their new joint venture specialized in automotive prismatic batteries, Prime Planet Energy & Solutions.

The announcement comes just over a year after the two companies first announced that they were joining forces to create the new company.

Prime Planet Energy & Solutions’ focus will be the development of cost-effective, high-performance batteries. The solutions will be applied in Toyota vehicles, as well as being available for purchase by other parties.

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Rachel's career in journalism has seen her write for various titles at UKi Media & Events within automotive, tire and marine. Her favourite aspect of the job is interviewing industry experts, including researchers, scientists, engineers and technicians, and learning more about the groundbreaking technologies and innovations that are shaping the future of transportation.

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