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

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.

Jan 25, 2022 - 06:25
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Panasonic to Invest JPY 80 Billion to Produce Tesla EV Battery: Report
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.