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More Panasonic EV Battery Plants Coming

Author: Source: Datetime: 2018-02-12 13:25:39
Tom Gebhardt, CEO of Panasonic Corp. of North America, said his company is prepared to add a lot more battery production capacity worldwide as electric vehicle demand increases.
More Panasonic Ev Battery Plants Coming
EV batteries are complex to make and delicate to deliver. So far, the industry's batteries are being produced in plants dedicated to nearby customers. Panasonic is Tesla's partner in the world's largest automotive lithium ion battery plant: the $5 billion gigafactory near Reno, Nev., 260 miles from Tesla's assembly plant in Fremont, Calif.

But the EV market is heating up as automakers roll out plans for multiple new vehicles. The question facing battery producers will be how many more plants will have to be built around North America — not just for the added capacity, but to continue minimizing their delicate logistics. 
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