Caixin
Jan 26, 2022 02:35 PM
BUSINESS

Panasonic to Make New Tesla Batteries in Japan After U.S. Snag

picturePanasonic’s plant in Kinokawa, Wakayama Prefecture, Japan, will begin operating a trial production line this year.  Photo: Panasonic
picturePanasonic’s plant in Kinokawa, Wakayama Prefecture, Japan, will begin operating a trial production line this year. Photo: Panasonic

(Nikkei Asia) — Panasonic will begin commercial production of batteries for U.S. electric vehicle maker Tesla after struggling to bring a large U.S. battery plant online. The company will mass produce its latest power cells in Japan, where it has a large pool of skilled engineers.

The challenge for the company will be to crank up output while keeping a lid on costs.

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