The company, originally called Panasonic EV Energy Co. until 2 June 2010, was founded in 1996 as a joint venture between Toyota and Panasonic, with Panasonic holding 60% of the capital. Panasonic sold 40.5% of the company to Toyota as a condition of purchasing Sanyo. Panasonic decided to reduce its stake in PEVE to speed up the process of getting approvals from antitrust authorities in China and the U.S. The planned purchase of Sanyo would hand Panasonic a market share of around 80% in nickel hydride batteries.[3]
In 2020, Panasonic and Toyota have formed the second EV battery joint venture named Prime Planet Energy & Solutions (PPES) that would focus on the development and manufacturing of Li-ion battery and a solid-state battery.[4]
^Aditi Sharma, Tim Kelly (2011-01-12). "Toyota to Make Lithium Batteries for Hybrids". Reuters. from the original on 2011-06-03.
^"History | Corporate Info | Development, manufacture, and sale of a hybrid car and the battery for electric vehicles (battery) | Primearth EV Energy Co., Ltd". www.peve.jp. Retrieved 2020-10-08.
^"Panasonic Reportedly to Reduce Stake in Toyota Hybrid-Battery JV". MarketWatch. 2009-10-28.
primearth, energy, abbreviated, peve, japanese, manufacturer, prismatic, nickel, metal, hydride, nimh, lithium, battery, packs, hybrid, electric, vehicles, located, shizuoka, prefecture, japan, peve, products, been, solely, based, nimh, until, early, 2011, whe. Primearth EV Energy Co Ltd abbreviated as PEVE is a Japanese manufacturer of prismatic nickel metal hydride NiMH and lithium ion battery packs for hybrid electric vehicles located in Shizuoka Prefecture Japan PEVE s products had been solely based on NiMH until early 2011 when the company has started mass production of Li ion battery 1 2 The company originally called Panasonic EV Energy Co until 2 June 2010 was founded in 1996 as a joint venture between Toyota and Panasonic with Panasonic holding 60 of the capital Panasonic sold 40 5 of the company to Toyota as a condition of purchasing Sanyo Panasonic decided to reduce its stake in PEVE to speed up the process of getting approvals from antitrust authorities in China and the U S The planned purchase of Sanyo would hand Panasonic a market share of around 80 in nickel hydride batteries 3 PEVE has supplied battery packs for HEVs and PHEVs mainly of Toyota including the Toyota Prius but also of Honda and General Motors In 2020 Panasonic and Toyota have formed the second EV battery joint venture named Prime Planet Energy amp Solutions PPES that would focus on the development and manufacturing of Li ion battery and a solid state battery 4 See also EditSony Energy Devices Corporation Prime Planet Energy amp Solutions A section in the Panasonic article References Edit Aditi Sharma Tim Kelly 2011 01 12 Toyota to Make Lithium Batteries for Hybrids Reuters Archived from the original on 2011 06 03 History Corporate Info Development manufacture and sale of a hybrid car and the battery for electric vehicles battery Primearth EV Energy Co Ltd www peve jp Retrieved 2020 10 08 Panasonic Reportedly to Reduce Stake in Toyota Hybrid Battery JV MarketWatch 2009 10 28 Corporate Information PDF Panasonic External links EditOfficial Website LiFePO4 Battery This article about a technological corporation or company is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Primearth EV Energy amp oldid 1081716090, wikipedia, wiki, book, books, library,
