Panasonic announced that it intends to build a new campus in Reno, Nevada that will handle training, research and development, employee recruitment and other support functions. The new campus is planned to open in the […]
For the first time Panasonic unveiled their prototype 4680 battery cell during a media roundtable on Monday in Tokyo, Japan. The company said the battery development will strengthen their ties with Tesla, which first unveiled […]
Panasonic has revealed its in financial statements that it has sold all of their Tesla (TSLA) shares, netting more than $3 billion in the process. The sale took place within the company’s last fiscal year […]
The outgoing Panasonic CEO Kazuhiro Tsuga notes that the company needs to broaden its battery consumers in the automobile sector. Speaking to the Financial Times, Tsuga said “we need to graduate from our one-legged approach […]
Panasonic’s battery business foresees a full-year profit due to its partnership with Tesla. Panasonic supplies Tesla with batteries from the Gigafactory in Nevada. The Model 3 and Model Y rely on these batteries, and with […]
Through a regulatory filing with the U.S. Securities and Exchange Commission (SEC), Tesla has announced this morning a new 2021 pricing agreement with Panasonic. The Form 8-K outlines the deal, effective from October 1, 2020 […]
Earlier this year Panasonic announced it was working with Tesla to develop a new production line for the automaker’s new 4680 battery cell. Panasonic’s Chief Financial Officer Hirokazu Umeda revealed at the time the company […]
Panasonic announced on Thursday it is working with Tesla to develop a new production line for the automaker’s new 4680 battery cell. In a press briefing to discuss Panasonic’s latest financial results, the company’s Chief […]
After signing a new deal earlier this year to continue to manufacture and supply lithium-ion battery cells at Giga Nevada, Panasonic will invest $100 million to expand production at the Gigafactory. Giga Nevada currently has […]
Panasonic, one of Tesla’s EV battery suppliers, has announced new developments in their battery technology which will reduce the cost to manufacture them and allow EVs to travel further on a single charge. In an […]
