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Emerging Tech News

Emerging Tech News: Electric Drive
21st January 2019

Panasonic, Toyota to form electric vehicle battery joint venture: report

Toyota and Panasonic are coming together to create a joint venture (JV) focused on electric vehicle battery research and development with a focus on bringing down the cost of these critical EV components. They will create the JV in 2020 in which Toyota will hold 51% and Panasonic will own 49%.


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