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Breakingviews - Toyota JV recharges Panasonic’s battery business

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On Breakingviews - A joint venture with Toyota should help recharge Panasonic’s battery business. It represents a technological step forward for the $200 billion automaker, whilst reducing Panasonic’s dependence on Tesla, explains KatrinaHamlin:

 

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Breakingviews KatrinaHamlin Does this mean Toyota can’t make hydrogen fuel cells work?

Breakingviews KatrinaHamlin Big Step by PANASONIC !

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Toyota JV recharges Panasonic’s battery businessThe two Japanese companies are uniting to power electric vehicles. It should provide a technological step forward for the $200 bln automaker, but also reduce Panasonic’s dependence on Elon Musk’s Tesla. Toyota’s control, though, may yet limit plans to sell to other manufacturers.
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