Panasonic sets up new company to produce lithium-ion batteries for Tesla in USA  [ USA ]

Panasonic Corporation announced that it has set up a new company, Panasonic Energy Corporation of North America (PENA), to produce and sell lithium-ion batteries for Tesla Motors in Sparks, Nevada, USA. The new company will be based at the Tesla Gigafactory, a large-scale battery manufacturing plant, on the construction of which Panasonic has been cooperating. PENA is capitalized at USD 5 milli...
<Oct 03, 2014>