{"id":10617,"date":"2020-10-13T10:41:04","date_gmt":"2020-10-13T02:41:04","guid":{"rendered":"https:\/\/battery9999.com\/en\/?p=10617"},"modified":"2020-10-13T10:42:25","modified_gmt":"2020-10-13T02:42:25","slug":"10617","status":"publish","type":"post","link":"https:\/\/battery9999.com\/en\/10617\/","title":{"rendered":"Toyota And Panasonic Announce Expansion Of Battery Production"},"content":{"rendered":"<div class=\"postAuthorInfo\">\n<div class=\"postAuthor\"><span class=\"name\"><span class=\"label\">By<\/span>: Mark Kane <span class=\"date\" data-time=\"1601971577\">Oct 06, 2020<\/span><\/span><\/div>\n<div class=\"postAuthor\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-10615\" src=\"https:\/\/battery9999.com\/wp-content\/uploads\/2020\/10\/battery-pc-624x328-300x158.jpg\" alt=\"\" width=\"300\" height=\"158\" \/><\/div>\n<div class=\"postAuthor\"><\/div>\n<\/div>\n<p><!--more--><\/p>\n<p>While others strive to secure lithium-ion battery supplies for all-electric vehicles&#8230; Toyota secures more batteries for hybrids.<\/p>\n<div class=\"postBody description e-content\">\n<p>Prime Planet Energy &amp; Solutions, Inc., <a href=\"https:\/\/insideevs.com\/news\/396504\/toyota-panasonic-jv-automotive-prismatic-batteries\/\">a new joint venture between Toyota and Panasonic<\/a>, specializing in automotive prismatic batteries, announced an investment in battery manufacturing capacity.<\/p>\n<div class=\"apInarticleSmallRes\"><\/div>\n<p>The company, owned 51% by <a href=\"https:\/\/insideevs.com\/toyota\/\">Toyota<\/a>, will install a new production line of prismatic lithium-ion batteries for hybrid vehicles in Tokushima Prefecture, within the existing <a href=\"https:\/\/insideevs.com\/tag\/panasonic\/\">Panasonic<\/a>\u00a0plant.<\/p>\n<p>The plan is to start production from 2022 and gradually increase it to a level sufficient for roughly 500,000 hybrid vehicles per year.<\/p>\n<p>The press release does not say whether those will be conventional hybrids or plug-in hybrids, but as we can see, while others are re-focusing on all-electric cars, Toyota is going to stick with hybrids for a long time.<\/p>\n<p><a href=\"https:\/\/insideevs.com\/news\/446437\/toyota-sell-5-million-electrified-cars-year-2025\/\">Toyota&#8217;s goal by 2025 is to produce 5.5 xEVs annually<\/a>, mostly conventional hybrids.<\/p>\n<div class=\"item m1-ap-native\"><\/div>\n<blockquote><p>&#8220;As electrification of automobiles is a must in tackling environmental issues such as global warming and air pollution, the global electric vehicle market is expected to continue growing rapidly. This expansion in production capability is a step that allows Prime Planet Energy &amp; Solutions to handle the growing demand of prismatic lithium-ion batteries for hybrid vehicles.&#8221;<\/p><\/blockquote>\n<p>Well, we are eager to see some investments also in new all-electric cars and battery gigafactories for BEVs from Toyota, but it seems that the Japanese manufacturer is willing to stay with hybrids as long as possible.<\/p>\n<p>Source:<a href=\"https:\/\/insideevs.com\/news\/447476\/toyota-panasonic-expansion-battery-production\/\">https:\/\/insideevs.com\/news\/447476\/toyota-panasonic-expansion-battery-production\/<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By: Mark Kane Oct 06, 2020<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[113],"tags":[],"class_list":["post-10617","post","type-post","status-publish","format-standard","hentry","category-industrial-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - 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