Toyota and Panasonic Agree to Establish Joint Venture Related to Automotive Prismatic Batteries —Aiming to create a business structure for the stable supply of competitive batteries to various automakers—Toyota Motor Corp/ • January 22nd, 2019 • Motor vehicles & passenger car bodies
Company FiledJanuary 22nd, 2019 IndustryToyota City, Aichi and Kadoma City, Osaka, Japan, January 22, 2019—Toyota Motor Corporation (Toyota) and Panasonic Corporation (Panasonic) concluded today a business-integration contract and a joint-venture contract toward the establishment of a new company (joint venture) related to the automotive prismatic battery business. The details of the agreements are below.