Investing
Panasonic, Mazda eye for long-term EV battery supply partnership
2/2
© Reuters. FILE PHOTO: Panasonic Corp’s logo is pictured at Panasonic Center in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon/File Photo
2/2
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.
Read the full article here