Prime Planet Energy & Solutions

According to information for January, 2020, Prime Planet Energy & Solutions specializes in development, production and sales:

• highly effective and high-capacious prismatic li-ion cells for electric vehicles
• solid-state accumulators for cars
• other automobile accumulators of the last generation

History

2020

Plans of expansion of production of prismatic Li-ion batteries

The Prime Planet Energy & Solutions company organized the Japanese by corporations Panasonic and Toyota Motor intends to expand production prismatic Li-ion batteries for hybrid cars. It became known on October 8, 2020. It is for this purpose going to construct a production line within the existing Panasonic enterprise in the prefecture Tokushima in the West Japan. After an exit at full capacity production will be able to provide accumulators up to 500,000 cars - "hybrids" annually.

Electrification of cars became one of priority tasks in the conditions of global concern in environmental problems - warming of climate and air pollution. The world market of electric vehicles continues to grow. The increased operating capacity will allow Panasonic and Toyota Motor joint venture to cope with the growing demand for prismatic li-ion cells for hybrid cars.

Information on the planned production line:

• Location - 139-32 Toyokhis Kaytaka, Toyokhis, Matsusige, Itano-Gang, Tokushima 771-0213 (the platform is rented at the enterprise, the belonging Energy Solutions business division of Industrial Solutions company of Panasonic） corporation
• The made products - Prismatic Li-ion batteries for hybrid vehicles
• The beginning of production - 2022 with gradual accumulation of capacities
• Production capacity - Approximately, should provide 500,000 hybrid cars a year

Declaration of creation of Prime Planet Energy & Solutions

On February 3, 2020 TAdviser it became known that the Japanese Toyota Motor Corporation and Panasonic Corporation announced creation of the joint company Prime Planet Energy & Solutions, Inc. specializing in production prismatic li-ion cells for cars. For the first time declared a possibility of similar business integration of the party almost a year ago – on January 22, 2019. Now key parts became known.

The operating officer of Toyota Motor Corporation of Masayesha Shirayanagi exchanges Makoto Kitano, rukopozhaty with the senior chief executive of Panasonic Corporation, in Tokyo, May, 2019. Photo: REUTERS/Kevin Buckland

A consensus of the parties that accumulators as a power source for cars and other means of transport, will purchase the increasing role in development of society and improvement of life of people became premises to creation of the company.

The Toyota joint venture and Panasonic will be engaged in development competitive, highly effective (from the point of view, capacity, power, service life and so forth), safe and reliable accumulators. They will be delivered on the Toyota autoenterprises and any other customers.

Electric vehicles