This news has been received from:

All trademarks, copyrights, videos, photos and logos are owned by respective news sources. News stories, videos and live streams are from trusted sources.

By Makiko Yamazaki

TOKYO (Reuters) - A joint battery venture of Toyota Motor Corp and Panasonic Corp aims to boost efficiency of development and production processes by 10 times to better compete with larger Chinese rivals, its chief said on Tuesday.

The venture, Prime Planet Energy & Solutions Inc, is now the world's largest supplier of batteries for hybrid vehicles, and was created in April by pooling part of the battery-related equipment and engineers of the two firms.

But it has a share of only 3% in the high-capacity battery market for electric vehicles, lagging far behind China's Contemporary Amperex Technology Co Ltd (CATL) with a share more than 20%.

Prime Planet is moving to standardise battery designs and helping streamline operations of materials suppliers, its president, Hiroaki Koda, told a news conference.

"With efficiency ten times higher, we can win over the Chinese," Koda added.

Toyota, which targets electrified vehicles to bring in half its global sales by 2025, has also partnered with CATL and Chinese EV maker BYD Co Ltd for battery procurement.

Koda declined to give a time frame for the efficiency target or the scale of consequent cost reduction, but said the company would probably improve by five to six times the next version of its product, now being worked on.

Asked about Tesla Inc's promise to halve battery costs over the next several years with new technology and processes, Koda said Prime Planet had similar plans regarding technology.

"Tesla publicly announced that, so it means they will do it," said Koda, a former procurement executive at Toyota. "I respect that."

Prime Planet has taken over Panasonic's business in thin, rectangular-shaped prismatic batteries, while Panasonic retained its business with Tesla for cylindrical batteries of a type similar to those used in laptops.

(Reporting by Makiko Yamazaki; Editing by Clarence Fernandez)

Copyright 2020 Thomson Reuters.

Tags: Japan

News Source:

Tags: news japan countries news

'It's so quiet': Some Bay Area shoppers brave lines for Black Friday deals amid COVID-19 pandemic

Next News:

Baylor, Kansas St look for boost after very different losses

WACO, Texas (AP) — Baylor and Kansas State both could use a boost after some struggles and drastically different losses.

The Wildcats (4-4, 4-3 Big 12) are just ready to get back on the field for a chance to move past their 45-0 loss at Iowa State last week, their third loss in a row after starting 4-0 in conference play.

“That was a pretty embarrassing loss. That is just something that we have to put behind us,” senior defensive back Kiondre Thomas said. “We have proven that we can beat anybody, but we can lose to anybody. … We’re really ready to get back out there. Extremely ready.”

K-State plays Saturday night at Baylor (1-5, 1-5), the first home game for the Bears since a loss to TCU on Halloween. That was their only game on the banks of the Brazos River since a season-opening win Sept. 26 over Kansas.

Baylor has lost consecutive road games after having two-touchdown leads in the second half. The Bears fell to Iowa State before a 24-23 loss at Texas Tech on a game-ending field goal that preceded their scheduled open date last weekend. Their five losses are by a combined 35 points, three by a touchdown or less and none by more than 11 points.

“We have to finish. I think there’s a few games we had to start faster. And so I think playing the four quarters is the common thread there,” Bears first-year coach Dave Aranda said. “I think we have gradually gotten better with that. We have to fully live that out here.”


True freshman quarterback Will Howard has started K-State’s last five games since senior Skylar Thompson’s season-ending shoulder injury. Howard was 3-of-9 passing for 32 yards with an interception against Iowa State, when junior Nick Ast (6 of 10 for 44 yards) also got some action. Coach Chris Klieman said Ast did some nice things and the Wildcats were still working both of them.

“It was a great learning experience for Will, especially after he got hit really good the one time and then had a couple frustrating plays for him. I thought it was a good opportunity for him to learn from the sideline and watch,” Klieman said.


Charlie Brewer is set for his 25th consecutive start as Baylor’s quarterback, and 37th overall. The senior could also return next year since the NCAA has frozen eligibility, though Aranda said that hasn’t been discussed yet with Brewer.

“I know he loves ball,” Aranda said. “It’ll be interesting to see where that falls.”

Sophomore quarterback Gerry Bohanon has attempted only one pass this season, but Aranda didn’t commit to any extended time for any QB other than Brewer.

“We’re going to give him that opportunity to finish out and close out these games that we’re either trying to close out or come back from,” Aranda said. “I think the more it’s in those types of situations, these nip-and-tuck games, the more that Charlie would start and finish it.”


Abram Smith had only two tackles in four games before the converted high school running back took over as a starting linebacker for Big 12 leading tackler Terrel Bernard, who suffered a season-ending shoulder injury in the Iowa State game. Smith had 13 tackles in his first start against Tech.

“There were times when he was shooting gaps, and there were times when he was stacking a three-technique and falling back, so he’s showing some variability and some flexibility in his game where it wasn’t just a one-time thing all the time,” Aranda said. “There was some calmness with him when there was tempo when he was communicating and helping guys get lined up. So there were some positive things from him.”


The Wildcats were 4-1 after their first five games, a stretch when they had a plus-eight turnover margin and outscored opponents 42-7 in points off turnovers. In their three-game skid, they are minus-seven and have been outscored 28-0 off turnovers.


Saturday marks the 124th anniversary of the first recorded game in Kansas State history. The school, then known as Kansas State Agricultural College, lost 14-0 at Fort Riley in that Thanksgiving Day game on Nov. 28, 1896.


More AP college football: and

Copyright © 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Other News

  • Instagram model helps women catch cheating boyfriends by sending them flirty messages & exposes their replies
  • Long Island Man Driving Drunk Charged After Fatal Crash
  • Milwaukee County vote recount gives Biden small boost over Trump; Wisconsin certification deadline Tuesday
  • 5 ways to boost your iPhone’s signal strength
  • Man Utd star Eric Bailly reveals he rejected rivals City to seal transfer after personal phone call from Jose Mourinho
  • Fabulous Lives of Bollywood Wives: Shah Rukh Khan, Jet Li, Jacqueline Fernandez, Sidharth Malhotra and More – 18 Bollywood Celeb Cameos to Catch in the Netflix Reality Series (LatestLY Exclusive)
  • Nonprofit hopes to boost African-American homeownership through financial education
  • Local shops relying on Small Business Saturday find creative ways to bring in sales
  • Milwaukee County Vote Recount Gives Biden Small Boost
  • Milwaukee County vote recount gives Biden small boost
  • Black Lives Matters PAC to Raise $500K to Boost Democrats Raphael Warnock, Jon Ossoff
  • Central Park Barber Herman James Offering Free, Outdoor Haircuts To Boost Morale And Bring Sense Of Normalcy
  • Instagram model catches cheating men by sliding into their DMs
  • Instagram model helps women catch cheating men by sliding into their DMs
  • 2 Arrested After Domestic Dispute Turns Violent in Kansas
  • Victims Of Deadly Thanksgiving Crash On Southern State Parkway Identified
  • Big-Rig Crashes Into Car on I-880, Killing Driver
  • Pumping Aims to Boost Pecos River Amid Drought Losses
  • Liverpool handed major injury boost with captain Jordan Henderson set to be fit for Premier League clash with Brighton