Toyota Tsusho to Invest 20% in PPES's North American Subsidiary

Prime Planet Energy & Solutions, Inc. (hereinafter 'PPES') and Toyota Tsusho Corporation (hereinafter 'Toyota Tsusho') announce that Toyota Tsusho, through its U.S. subsidiary (Toyota Tsusho America, Inc.), made a 20% investment in PPES's North American subsidiary, Prime Planet Energy & Solutions North America, Inc. (hereinafter 'PPESNA'), on March 31.

PPESNA was established in September 2025* to strengthen local technical support and improve response efficiency for PPES's customers and the Toyota Group's battery business in North America. Additionally, Toyota Tsusho, through its U.S. subsidiary, has invested in Toyota Battery Manufacturing, North Carolina (hereinafter 'TBMNC'), a battery manufacturing company established by Toyota Motor Corporation in North Carolina, USA. It is responsible for creating an environment that supports stable battery production, from procuring production equipment and necessary materials for manufacturing to building a supply chain that includes recycling.

This investment in PPESNA aims to further strengthen PPESNA's technical support system and business foundation by leveraging Toyota Tsusho's business operation know-how and knowledge of the battery supply chain cultivated in North America, as well as its collaboration with Toyota Group companies including TBMNC.

By combining their strengths, PPES and Toyota Tsusho will contribute to the further growth and enhanced competitiveness of the battery business for customers including the Toyota Group in North America.

Related Release

February 6, 2026 "Announcement of Establishment of New Company in North America" (Prime Planet Energy & Solutions, Inc.)

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