Tag: panasonic

Panasonic Boosting EV Battery Production for Tesla by 10 Percent: Report

August 16, 2022
Business & MarketsCompanieselectric vehiclepanasonicteslaUS
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Panasonic Holdings is set to increase the production of electric vehicle batteries at Tesla Gigafactory Nevada by roughly 10 percent by 2024, according to reports. Nikkei Asia reports that Panasonic is looking to meet increased battery demand by optimizing the Nevada factory and sending production supervisors from Japan to the U.S. factory, which is a joint operation between Tesla and Panasonic. Panasonic…

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Panasonic Evaluating Choices of US State for Battery Plant: Executive

June 5, 2022
battery plantBusiness & MarketsCompaniesEvaluating Choicespanasonic
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TOKYO—Japan’s Panasonic Holdings Corp., which makes batteries for electric car maker Tesla, is evaluating which U.S. state it will choose as the site for a new battery plant, a top executive said on Friday. “We’ve been making various considerations, but we are starting to evaluate,” said Panasonic Energy Chief Executive Officer Kazuo Tadanobu, speaking to…

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US Files 3rd Labor Complaint in Mexico, on Behalf of Panasonic Workers

May 20, 2022
Business & EconomyCompanieseconomyLabor ComplaintsMexicopanasonic
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MEXICO CITY—U.S. labor officials asked Mexico on Wednesday to probe whether workers at a Panasonic auto parts factory were denied their rights, marking the third U.S. labor complaint under a new trade deal that aims to improve workplace conditions in Mexico. The request from the U.S. Trade Representative (USTR) follows a petition from a Mexican…

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Tesla Supplier Looks to Invest $5B on EV Batteries, Supply Chain Software

April 2, 2022
batteriesBusiness & EconomyCompaniesinvestpanasonicsuppliersupply chaintesla
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Tesla Inc. battery supplier Panasonic Corp. looked to invest ¥600 billion ($4.9 billion) in automotive batteries, supply chain software, and other areas it considered core to its growth. Panasonic looked to invest ¥400 billion in growth segments, including electric-vehicle cells, and another 200 billion yen in hydrogen device technology over three years through fiscal 2024. Panasonic targeted an…

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Panasonic to Begin Mass Producing New Tesla Battery by End-March 2024

March 1, 2022
Asia & PacificbatteryBusiness & EconomyCompanieseconomyInternationalMasspanasonicproductionTechTech NewsteslaWorld
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TOKYO—Panasonic Corp. said on Monday it will begin mass production of a new lithium-ion battery for Tesla Inc. before the end of March 2024 at a plant in Japan. Unveiled by the Japanese company in October, the 4680 format (46 millimetres wide and 80 millimetres tall) battery is around five times bigger than those currently…

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