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Originally posted by triage
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Just to add a bit more, Toyota Tsusho, which is the go between between BHP and the Toyota Panasonic jv (Prime Planet), is an associate of the Toyota mothership, whose job it is basically to deliver supply lines into the Toyota ecosystem (as I understand it there are various companies, related in one way or another, in that ecosystem all delivering services and products for the biggest car maker in the world).
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And of course Panasonic know what they are doing since they have been making batteries for Tesla in Tesla's Nevada factory for years and will continue to do so. While Tesla is starting to make its own batteries, it will still take heaps from others such as Panasonic and CATL to satisfy its rapidly expanding manufacturing.
