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18 May
13:10

Panasonic plans further cylindrical cell expansion in North America

Panasonic said on Thursday it’s working to expand battery manufacturing in North America in response to a growing demand for automotive cylindrical cell batteries, Kallanish reports. The manufacturer estimates the North American EV market to grow by a compound annual growth rate of 35% from 2021 to 2030. It claims carmakers are re-evaluating the advantages of cylindrical cells, including higher density with safety and cost benefits, and its shape suitabilit…
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