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name change: Panasonic EV Energy -> Primearth EV Energy

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by ken1784, Jun 9, 2010.

  1. ken1784

    ken1784 SuperMID designer

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    The name of Panasonic EV Energy, the main HV battery supplier for Toyota hybrid vehicles, has been changed to Primearth EV Energy Co., Ltd. on June 2nd.

    News | Primearth EV Energy Co., Ltd.

    background:
    China's intervention in global M&A heats up while AML private actions cool down
    source

    One of Panasonic’s acquisition of Sanyo subject to conditions
    • Change PEVE ’s name to exclude “Panasonicâ€

    However, the abbreviation (PEVE) does not change. :)

    Ken@Japan
     
    #1 ken1784, Jun 9, 2010
  2. bwilson4web

    bwilson4web BMW i3 and Model 3

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    <BLINK>

    Bob Wilson
     
    #2 bwilson4web, Jun 9, 2010
  3. clett

    clett New Member

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    I found the Chinese suggestion for what Panasonic should do for the NiMH battery business for hybrid vehicles remarkable:

    Contention: "With a 77% market share, Panasonic’s joint venture with Toyota Motor Corporation (Toyota), Panasonic EV Energy Co., Ltd, (PEVE) would be in a position to eliminate competition."

    Proposal: "Panasonic to divest its nickel-metal hydride batteries for this business"
     
    #3 clett, Jun 9, 2010
  4. Rybold

    Rybold globally warmed member

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    Good. It's about time they reduced the confusion.

    Are they still on track to double 2009 production levels by 2011?
    (If I remember correctly, they are building a new factory that will double production, right?)

    clarification, since the link you posted lists numerous news articles: "Double Prius batteries"
     
    #4 Rybold, Jun 9, 2010
  5. ken1784

    ken1784 SuperMID designer

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    I think it was "double 2008 production levels by end of 2010".

    You can see "Started production at Miyagi Plant on Jan 22nd, 2010" on the PEVE News site.
    It is the first production line at Miyagi plant and the second line will be available later this year.

    The max annual production capability number is...
    2008: 0.5 million packs
    2009: 0.8 million packs
    2010: 1.1 million packs

    So, Toyota will be ready to sell 1 million hybrid vehicles a year dream. :first:

    The news site also says...
    Dec 20th, 2008: Accumulative battery pack production reached 2 million pcs
    Jun 2nd, 2010: Accumulated battey pack production reached 3 million pcs

    Ken@Japan
     
    #5 ken1784, Jun 9, 2010
  6. ken1784

    ken1784 SuperMID designer

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    Another news about PEVE...

    One of Panasonic’s acquisition of Sanyo subject to conditions

    • Reduce its stake in PEVE to 19.5% from 40%
    On Apr 1st, 2010, Toyota increased the stake in PEVE, then Toyota now owns 80.5% of PEVE.

    Ken@Japan
     
    #6 ken1784, Jun 9, 2010
  7. hill

    hill High Fiber Member

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    "eliminate competition" ??
    What does that mean ... just batteries? Supposedly, the new battery plant in Smyrna Tennessee built for Leaf production will be capable of manufacturing 200,000 battery pack per year.
    Nissan LEAF Electric Car | Gallery | made in America

    .
     
    #7 hill, Jun 9, 2010
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