ESTABLISHMENT
| December 13, 2017 |
Toyota Motor Corporation and Panasonic Corporation agree to start studying the feasibility of a joint automotive prismatic battery business. The two companies came to the shared realization that the popularization of electrified vehicles would be necessary to help address pressing social issues such as global warming, air pollution, the depletion of natural resources, and energy security, and that meeting customer demand and expectations around the world for electrified vehicles would help to realize a more sustainable society. Therefore, it was agreed to begin meaningful studies into the feasibility of achieving further advances in core automotive battery technologies and ensuring stable battery supplies. |
| January 21, 2019 |
Toyota Motor Corporation and Panasonic Corporation agree to establish a joint venture company specializing in automotive prismatic batteries. |
| April 1, 2020 |
Prime Planet Energy & Solutions, Inc. started operations |
Production Enhancement
For HEVs
| 2021 | <Dalian, China> Announced in May, 2021 Increase of supply approx. 400,000 HEVs per year. Production has started in 2021. Related news |
| 2022 | <Tokushima> Announced in Oct, 2020 Increase of supply approx. 500,000 HEVs per year. Production has started in 2022. Related news |
For PHEVs, BEVs
| 2021 | <Himeji> Announced in May, 2021 Increase of supply approx. 80,000 BEVs per year. Production has started in 2021. Related news |
| 2024 | <Himeji> Announced in Aug, 2022 Increase approx. 7GWh per year, with further expansion planned thereafter. Production start is planned in 2024. Related news |
| 2026 | <Himeji> Announced in Sep, 2024 Next-Gen Performance Batteries. Production start is planned in 2026. Total capacity of Himeji is expected to reach approx. 30GWh. Related news |
HEV＝Hybrid Vehicle、PHEV＝Plug-in Hybrid Vehicle、BEV＝Battery Electric Vehicle
