Thursday 11 April 2019

Panasonic and Tesla delay expansion of US EV battery plant; suspend plans for Shanghai plant

Panasonic is to stop investing in its jv Gigafactory with Tesla which makes EV batteries in the Nevada desert, and has suspended plans for another jv with Tesla to build a  battery and EV plant in Shanghai, reports The Nikkei. The companies had planned to increase capacity by 50% to 54GWh by 2020, up from 35GWh today with Panasonic intending, ...

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from Electronics Weekly https://www.electronicsweekly.com/uncategorised/panasonic-tesla-delay-expansion-us-ev-battery-plant-suspend-plans-shanghai-plant-2019-04/

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