Toyota and Panasonic may team up to make EV batteries – Engadget

Toyota would hold a controlling 51 percent stake, while Panasonic would transition five of its car battery production plants in China and Japan to the new company. This wouldn’t affect Panasonic’s existing arrangements with Tesla, the tipsters said. If the report is accurate, Toyota and Pansonic would unveil their deal “as soon as this week.”…

Continue Reading →

Toyota, SoftBank Join Forces to Build Self-Driving Cars That Deliver Meals, Health Care

TOKYO—SoftBank Group Corp. has teamed up with Toyota Motor Corp. to deliver meals, health care and other services in self-driving cars to an aging populace in Japan, in hopes that some of the technology will prove exportable. The two companies said they would form a joint venture by the end of March, with 50.25% owned…

Continue Reading →