Panasonic Announces Multi-Year Agreement to Supply Electric Vehicle Batteries to Lucid Group

Panasonic Energy Co., Ltd. and Luxury electric automaker Lucid Group have entered into a multi-year agreement to supply batteries for Lucid’s electric vehicles, including the Lucid Air sedan and forthcoming Gravity SUV. The battery supply deal aligns with Panasonic’s goal of expanding battery production outside of its home country of Japan. The company plans to expand the production of EV batteries in the U.S. to meet growing demand from automakers.

Eric Walz2022-12-13 10:00 PT

Construction of Panasonic’s New EV Battery Factory in Kansas to Start in November

Tesla’s long-time battery partner Panasonic will begin construction of its new electric vehicle battery factory in Kansas in November, as the company aims to ramp up production to meet growing demand from automakers. The factory initially will produce 30 GWh of cylindrical lithium ion (Li-ion) 2170 batteries. Mass production of battery cells at the plant in De Soto, Kansas is targeted to begin by the end of March 2025.

Eric Walz2022-10-31 09:15 PT

Panasonic Plans to Boost the Power of Tesla’s Vehicle Batteries by 20% in the Next 5 Years

Japan’s Panasonic Corp., which is electric automaker’s Tesla’s exclusive battery partner in the U.S., is planning to boost the energy of its batteries by 20% over the next five years, the head of its U.S. battery business announced on Thursday.

FutureCar Staff 2020-09-05 15:05 PT

Panasonic Collaborates with CDOT to Pilot Vehicle Communication Protocols on I-70

Panasonic, a leading electronics manufacturing company based in Japan, is the latest business to launch a driverless car program. In collaboration with Colorado’s Department of Transportation (CDOT), the duo will test new communication processes for next-generation vehicles.

Michael Cheng2017-02-16 06:33 PT

Nissan in talks to divest stake in EV battery business, report says

Nissan Motor Co. is discussing with Panasonic Corp. and overseas companies, including Chinese firms, the possible sale of its controlling stake in a car battery manufacturing venture, the Nikkei daily reported on Friday.

Mia2016-09-13 10:34 PT