Panasonic to Supply Lithium-ion Batteries for Toyota Motor's eQ Electric Vehicle
July 29, 2014     Japanese 
  JCN 
	  Network - Home
JCN Newswire
  Home  |  Companies  | Annual Reports  |  CSR  | News Alerts     
 
Panasonic to Supply Lithium-ion Batteries for Toyota Motor's eQ Electric Vehicle - JCN Newswire
Share:
Panasonic to Supply Lithium-ion Batteries for Toyota Motor's eQ Electric Vehicle

Osaka, Sept 24, 2012 - (JCN Newswire) - Panasonic Corporation today announced that it will supply lithium-ion batteries for Toyota Motor Corporation's eQ electric car.

With growing environmental concerns and escalating oil prices, demand for rechargeable batteries for eco-friendly vehicles is expected to grow rapidly. Panasonic is building up its battery business to meet such demand. The company is already supplying nickel-metal hydride (Ni-MH) batteries for hybrid electric vehicles to a growing number of automotive manufactuers around the world, as well as lithium-ion batteries for hybrids, plug-in hybrids and electric vehicles.

Panasonic has already supplied lithium-ion batteries to Toyota's Prius Plug-in Hybrid and Prius α hybrid. The supply agreement with Toyota now expands to an all-electric vehicle model as well as hybrid and plug-in hybrid models.

Panasonic continues to accelerate the development and commercialization of high performance rechargeable batteries for green vehicles and further expand its rechargeable battery business globally, thereby contributing to reducing the carbon footprint of automotive activity worldwide.

An announcement on the eQ was made today by Toyota.

About Panasonic

Panasonic Corporation is a worldwide leader in the development and engineering of electronic technologies and solutions for customers in residential, non-residential, mobility and personal applications. Since its founding in 1918, the company has expanded globally and now operates over 500 consolidated companies worldwide, recording consolidated net sales of 7.30 trillion yen for the year ended March 31, 2013. Committed to pursuing new value through innovation across divisional lines, the company strives to create a better life and a better world for its customers. For more information about Panasonic, please visit the company's website at http://panasonic.net/ .

Contact:

Global Public Relations Office
Panasonic Corporation 
Tel: +81-3-6403-3040
Fax: +81-3-3436-6766
 


Sept 24, 2012
Source: Panasonic

Panasonic (TSE: 6752) (U.S: PC)

From the Japan Corporate News Network
http://www.japancorp.net
Topic: New market for product
View more news from these Sectors: EVs, PV's and Batteries


 
CSR Report Download
Annual Reports

  More >>    
Most Popular


About JCN | Privacy Policy | Terms of Use | JCN Network (日本語)