18 Feb '16, 8pm

Panasonic Working On Battery Tech in Chinese Joint Venture

Panasonic may be known as a supplier to Tesla and more-often thought of as a personal electronics maker, but the Japanese giant is expanding its automotive focus with a battery venture in China. The company will work with Dalian Levear Electric Company to start its automotive battery production in 2017. These are to be lithium-ion and will be exported overseas as well as supplied to China’s own auto industry. The partnership is a 50/50 joint venture, and the official name will be Panasonic Automotive Energy Dalian Co., and it will be based in Dalian. SEE ALSO: Panasonic To Provide Machinery For Tesla’s Battery Plant China’s growing automotive market and advancing hybrid and EV technology, as well as the worldwide addition of new hybrid and EV models means there will be growing demand for batteries in the coming years. Further, the search for longer range for EVs, PHEVs, an...

Full article: http://www.hybridcars.com/panasonic-working-on-battery-te...

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