In order to accept the electric future that lays ahead, there’s plenty of collaborations and alliances that are coming together. Toyota and Panasonic announced on Wednesday their intention to study the feasibility of a battery joint venture.
Toyota and Panasonic specifically mentioned prismatic cell batteries for electrified cars, suggesting the batteries will be used for hybrid and plug-in hybrid vehicles. Prismatic batteries have packaging and cost benefits compared to more conventional cylindrical cell designs. Toyota is also thought to be developing more advanced solid-state batteries for its first volume electric car due early next decade.
Toyota in August said it would work with Mazda on electric cars. And in September, the two automakers together with Japanese supplier Denso formed a joint venture to develop technology for a range of electric vehicles including cars, SUVs and commercial vehicles.