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Panasonic, Mazda eye for long-term EV battery supply partnership

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© Reuters. FILE PHOTO: Panasonic Corp’s logo is pictured at Panasonic Center in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon/File Photo

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TOKYO (Reuters) – Japan’s Panasonic (OTC:) Energy and Mazda Motor (OTC:) on Wednesday announced they will discuss a lithium-ion battery supply partnership for electric vehicles.

Under the partnership, Panasonic Energy, a Panasonic Holdings Corp unit, would supply Mazda with automotive cylindrical lithium-ion batteries manufactured in Japan and North America for Mazda’s battery EVs scheduled to be launched in the latter half of the 2020s, the companies said in a statement.

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