Panasonic to invest $700 million to produce Tesla EV battery
The Hindu
The powerpack could help make electric vehicles more attractive to motorists by extending cruising range by about a fifth.
Japan's Panasonic will begin producing from as early as 2023, with plans to invest about 80 billion yen ($705 million) in production facilities in Japan, the Nikkei reported on Monday.
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The powerpack could help make electric vehicles (EVs) more attractive to motorists by extending cruising range by about a fifth, the Nikkei reported, without saying where it obtained the information.
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