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IPFS News Link • Business/ Commerce

Panasonic Opens Electric Car Battery Factory In China

• insideevs.com by Mark Kane

It's Panasonic's first automotive li-ion factory in China (they do have facilities for consumer electronics) and another step in its global expansion.

Panasonic recently expanded its production capacity in Japan, and of course has established a huge production facility with Tesla in the U.S. with the Gigafactory.

It is interesting to note that at this upcoming Chinese battery cell plant, prismatic cells (as with Tesla) are being made, which are not the industry standard for plug-in vehicles.  Panasonic did not note which customers specifically would be receiving product from the new factory.

"With an increasing awareness of environmental issues, the market for eco-friendly vehicles is expanding every year, including hybrid, plug-in hybrid, and all-electric vehicles. Panasonic has provided automotive lithium-ion batteries to a number of auto manufacturers on a global basis and is leading the automotive battery market.


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