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Toyota Adds Two Lithium-Battery Plants

Primearth EV Energy (PEVE), a joint venture of Toyota and Panasonic, has doubled down on its expansion plan for HV (hybrid vehicle) lithium-ion battery production, announcing on July 18 to quintuple its capacity, instead of the scale of tripling in an announcement in Jan. The latest plan calls for building two new lithium-ion battery factories […]

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