Panasonic Holdings Corp, a Japanese company known for its battery manufacturing, has announced its plans to expand battery production for electric vehicles (EVs) in North America. The company intends to construct at least two new factories dedicated to the production of next-generation 4680 batteries by the year 2030. These batteries are in high demand as
Toyota will boost its planned investment in a new U.S. battery plant from $1.29 billion to $3.8 billion, partly in response to rising consumer demand for electric vehicles, the company said on Wednesday. Battery maker Panasonic will be a partner in the Liberty, North Carolina, plant through its Prime Planet Energy & Solutions (PPES) joint
Kazuo Tadanobu, CEO of Panasonic Energy, holds a prototype of the 4680 format battery cell (left) next to the current 2170 battery supplied to Tesla. (Reuters, 2021) Panasonic Holdings Corp, a supplier to electric-car maker Tesla, is in talks to build an additional electric vehicle battery plant in the United States at a cost of
Panasonic Energy Co, a major Tesla supplier, is working on new technology to increase battery energy density by a fifth by 2030, the Japanese company’s chief technology officer told Reuters. That gain, if achieved, could boost the driving range of a Model Y, for example, by over 100 km (62 miles) with the same size
Panasonic Energy Co. CEO Kazuo Tadanobu holds a prototype of the 4680 format battery cell, left, next to the current 2170 battery that Panasonic supplies to Tesla. (Reuters) Panasonic Holdings Corp will invest several billion dollars in a factory in Kansas to supply a new high-capacity battery for Tesla’s electric vehicles, Nikkei reported on Wednesday.
