Ouuu weeee! Panasonic and Toyota are looking real good in end 2019 https://arstechnica.com/cars/2019/0...eate-an-electric-car-battery-spinoff-company/ The news outlet also said that the joint venture would be used to push forward the technology used in solid-state batteries. Solid-state batteries don't exist in commercial production yet, but they are theoretically lighter, safer, and have a more competitive energy density than existing lithium-ion batteries. Toyota has been working on such solid-state battery research for years. In 2017, The Wall Street Journal reported that Toyota was working on "production engineering" for a solid-state electric vehicle battery, which it hoped to commercialize by 2022. Panasonic has extensive experience mass-manufacturing new battery technology, including through a partnership on the massive Tesla Gigafactory in Nevada. So from Toyota's point of view, a partnership with Panasonic might be one way for the car maker to jump-start solid-state battery manufacturing. Toyota made significant strides in the hybrid-vehicle market, but when in the field of battery electric vehicles (BEVs), the company has lagged behind other companies