Prime Planet Energy & Solutions
About
Prime Planet Energy & Solutions (PPES) is a Japanese maker of prismatic lithium-ion batteries for vehicles, owned 51% by Toyota Motor and 49% by Panasonic Holdings.
It started operating in April 2020 and develops, makes and sells high-capacity and high-output prismatic batteries for cars, as well as next-generation automotive batteries, including ones based on new principles. It has about 10,100 people, including about 3,700 at its Chinese subsidiary, and has set up a North American subsidiary in which Toyota Tsusho has taken a 20% stake. Its head office is in Nihonbashi, Tokyo.
The 2025 Battery Report lists PPES among large-cap cell makers and notes LG Chem's agreement to supply it with cathode materials from 2026.
From the Battery Report
Battery Report 2025 · chapterCell & Pack ManufacturingVolta Foundation's annual report on this part of the battery industry.Supply Chain Segments
Location Info
- HQ
- Tokyo, Japan
Sources
Where the details on this profile come from.
What they do: Electrode & Cell Manufacturing
- Battery Report 2025, p.16 (Notable Events, September Week 1: LG Chem cathode supply agreement with PPES) · Battery Report · checked Oct 2026
Quick Facts
- Last Updated
- Oct 16, 2026
