The company will build a new plant of nickel-based cathode materials in Besshi, Ehime prefecture in western Japan. It aims to boost its capacity of cathode materials to about 7,000 tonnes a month in 2025.
Tag: Panasonic
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Toyota and Panasonic to study the feasibility of prismatic batteries business
Toyota Motor Corporation and Panasonic Corporation announce today an agreement to begin studying the feasibility of a joint automotive prismatic battery business.
This agreement between the two companies aims to help find solutions to pressing societal issues such as global warming, air pollution, the depletion of natural resources and energy security. Furthermore, this agreement is intended to address growing demand and expectations for electrified vehicles. In order to realise these objectives, Toyota and Panasonic target further advancements in automotive batteries, which are crucial technologies in electrified vehicles.
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Panasonic acquires automotive embedded software co OpenSynergy
The Japan-based electronics company Panasonic has acquired all the outstanding shares of the Germany based automotive embedded software company OpenSynergy. This acquisition helps Panasonic to strengthen its position in automotive business which is a high growth area, particularly in the areas of advanced driving assistance systems (ADAS).