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04 Jul
08:44

Panasonic to build four new plants for EV batteries by fiscal 2030: report

Japanese battery firm Panasonic Energy is planning to establish four new electric vehicle battery plants by fiscal 2030 to satisfy increasing demand, according to Reuters. Company’s chief technology officer Shoichiro Watanable was quoted as saying “the style where battery producers will make all investments is disappearing,” suggesting the gigafactories will be jointly developed with carmakers. He also noted these new investments will meet locali…
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