TOKYO -- Toyota Motor and Panasonic announced on Tuesday the establishment of a joint venture by end-2020 to develop and manufacture batteries for electric vehicles.
Both deepening cooperation as competition in the sector heats up

Toyota Motor and Panasonic have set up a joint venture to produce lithium ion batteries and solid state batteries.
TOKYO -- Toyota Motor and Panasonic announced on Tuesday the establishment of a joint venture by end-2020 to develop and manufacture batteries for electric vehicles.