https://www.reuters.com/article/us-toyota-panasonic-batteries/toyota-panasonic-battery-jv-to-boost-efficiency-to-catch-up-with-chinese-rivals-idUSKBN27C0WJ

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.