Toyota to boost EV battery production with Primearth EV Energy buyout
Toyota to boost EV battery production with Primearth EV Energy buyout
Tuesday, March 5, 2024
Toyota is boosting its ability to mass-produce “a wide variety” of EV batteries following an agreement with Panasonic to take full control of Primearth EV Energy (PEVE). The move will help Toyota respond to the growing demand for batteries.
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