Panasonic and Toyota launch EV battery business as solar lifts Kyocera and LG

Electronics corporations Panasonic, Kyocera and LG have filed results for the nine months to December 31. All three reported uplifts because of their solar activity and LG has said it will dive deeper into energy storage. Panasonic is deepening its commitment to automotive batteries through a new joint venture with Toyota.Electronics giant Panasonic and compatriot carmaker Toyota have launched the Prime Planet Energy & Solutions Inc joint venture (JV) announced 13 months ago. The JV will manufacture electric vehicle (EV) batteries based on a smaller prismatic format than cylindrical alternatives. ...

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