Company Outline

Name Prime Planet Energy & Solutions, Inc.
Details of business Development, manufacture, and sale of high-capacity and high-power automotive prismatic lithium-ion batteries
Development, manufacture, and sale of next-generation automotive batteries (including batteries based on new principles)
Ancillary and other operations related to the above
Start of operations 2020/4/1
Executive structure Representative director and President: Hiroaki Koda
Number of employees Approximately 9,000
(permanent 7,200 including 3,000 at a subsidiary in China)
Share structure structure Toyota Motor Corporation: 51 percent
Panasonic Holdings Corporation: 49 percent