Toyota strengthens battery production capabilities

Subaru and Panasonic Energy announced plans to prepare for the supply of automotive lithium-ion batteries and joint establishment of a new battery factory in Oizumi, Gunma Prefecture, Japan. Panasonic Energy will supply its next-generation cylindrical automotive lithium-ion batteries for the battery electric vehicles (BEVs) Subaru plans to produce starting in the latter half of the 2020s. This follows their...

9 September 2024

Panasonic Energy announced that it finalized preparations for mass production of the 4680 cylindrical automotive lithium-ion batteries, marking a much-anticipated breakthrough in the industry. The company has also revamped its Wakayama factory in Western Japan, which will serve as the mother factory for the new cells. An opening ceremony was held today to commemorate the occasion. The mass production is set to start...

9 September 2024

Mazda and Panasonic Energy have signed an agreement on the supply of cylindrical automotive lithium-ion batteries. Earlier this month, Subaru also announced it signed a basic cooperative agreement with Panasonic Energy for the supply of cylindrical automotive Li-Ion batteries. In June and July 2023, Mazda and Subaru commenced discussions with Panasonic Energy aimed at building a medium- to long-term partnership for...

30 March 2024

Toyota announced a $1.3 billion investment at its flagship Kentucky facility for future electrification efforts including the assembly of an all-new, three-row battery electric SUV for the U.S. market. The project brings the plant's total investment to nearly $10 billion and reinforces Toyota's commitment to high-quality vehicles and long-term job stability. The investment supports the previously announced future...

7 February 2024

Earlier this week, two BEV concepts by Toyota made their European after they have already been showcased at the Japan Mobility Show 2023 held in late October 2023. Toyota FT-3e features the versatile new generation BEV architecture that allows to create a wide variety of products including the Lexus LF-ZC luxury sedan and the performance-oriented FT-Se sports car. These next-generation BEV vehicles are designed to...

8 December 2023

At Toyota Motor Europe’s (TME) 2023 Kenshiki event last week, a team of Global and European executives presented the company’s latest electrified products and technologies. Kenshiki means insight in Japanese and this year’s edition to an audience of over 300 media, focused on the battery-electric and hydrogen-powered vehicles which will play a significant role in the company's multi-pathway strategy in the years...

8 December 2023

Toyota will invest an additional $8 billion in its first North American electric vehicle battery manufacturing facility, announced the Economic Development Partnership of North Carolina, adding another 3,000 jobs. The project, dubbed "Toyota Battery Manufacturing North Carolina" (TBMNC) was first announced as a $1.29 billion investment in 2021, with expansions in 2022 and 2023. Now valued at $13.9 billion, the...

13 November 2023

On October 25th, Toyota and Lexus will give successive press briefings as part of their participation in the Japan Mobility Show 2023. The Toyota press conference is scheduled for 8:45 JST and the Lexus one will begin at 10:00 JST. We expect to see the Land Cruiser Se which offers the high-torque driving performance unique to BEVs, together with an elegant, stylish design. Toyota further broadens the Land Cruiser...

23 October 2023

Toyota and Lexus announced they have reached an agreement with Tesla to adopt the North American Charging Standard (NACS) on their battery electric vehicles (BEVs) beginning in 2025. In line with Toyota's vehicle electrification strategy that offers a plethora of options for electrified powertrains, Toyota and Lexus customers will have convenient access to more than 12,000 Tesla Superchargers across North America...

23 October 2023

Toyota will be exhibiting at the Japan Mobility Show 2023, to be held from Thursday, October 26 to Sunday, November 5, with a booth themed "Let's Change the Future of Cars―Find Your Future." In this first announcement of models to be exhibited at the booth, Toyota reveals some of the design details for two battery electric vehicle (BEV) concept models - the SUV-type Toyota FT-3e and the sporty Toyota FT-Se. The...

17 October 2023

LG Energy Solution and Toyota Motor North America today announced that they have signed a supply agreement for lithium-ion battery modules to be used in Toyota battery electric vehicles (BEVs) that will be assembled in the United States. Under the contract, LG Energy Solution will supply automotive battery modules at an annual capacity of 20GWh starting from 2025. The battery modules, consisting of high-nickel NCMA...

4 October 2023

Subaru and Panasonic Energy have started talks to build a medium- to long-term partnership in the supply of cylindrical Li-Ion batteries. More specifically, Panasonic Energy will supply Subaru with such batteries which will be installed on Subaru BEVs after 2025. The construction of a dedicated BEV plant in Gunma, Japan is also included in the discussion.

3 August 2023

Panasonic Energy announced the signing of an agreement to purchase silicon anode material for automotive batteries from U.K.-based Nexeon to boost the performance of lithium-ion batteries for electric vehicles (EVs). Nexeon’s silicon anode material will be used for lithium-ion batteries to be manufactured at a new facility in De Soto, Kansas, U.S., from 2025. In general, achieving a higher energy density of battery...

25 July 2023

Panasonic Energy and Mazda announced that they have agreed to enter into discussions on establishing a medium- to a long-term partnership to meet the demand for battery EVs and automotive batteries in a rapidly expanding market. Panasonic Energy and Mazda will commence concrete discussions with a view toward Panasonic Energy supplying Mazda with automotive cylindrical lithium-ion batteries manufactured at Panasonic...

21 June 2023