Home Gadgets Panasonic to Invest JPY 80 Billion to Produce Tesla EV Battery: Report

Panasonic to Invest JPY 80 Billion to Produce Tesla EV Battery: Report

51

Japan’s Panasonic will begin producing its new lithium-ion battery for Tesla from as early as 2023, with plans to invest about JPY 80 billion (roughly Rs. 5,245 crore) in production facilities in Japan, the Nikkei reported on Monday.Japan’s Panasonic will begin producing its new lithium-ion battery for Tesla from as early as 2023, with plans to invest about JPY 80 billion (roughly Rs. 5,245 crore) in production facilities in Japan, the Nikkei reported on Monday.