Toyota and Panasonic prepare for aggressive battery production – News



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The companies plan to supply batteries of Japanese brands

. The companies Toyota and Panasonic plan to launch a joint production of batteries.

The new factory wants to start already in 2020, writes Nikkei.

The two Japanese brands are therefore waiting to reduce the cost of future electric cars and increase their production to seriously compete with Chinese brands.

] will gain control of 51% of the shares. With this Panasonic will transfer five battery manufacturing plants in Japan and China to a joint venture. The mark will leave only the American company that manufactures batteries for Tesla .

The new batteries will be used not only for themselves, but also for Mazda, Daihatsu Motor and Subaru. In addition, there is a risk of cooperation with Honda.

Remember that Microsoft and LG united to create an ultra-sensory drone . LG will bring its digital platform to the autonomous control of the car, and Microsoft is a well developed cloud computing platform on AI and Microsoft Azure.



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