Panasonic to make upgraded EV battery as early as 2024

Panasonic Holdings Corp. plans to roll out the newest iteration of its electric vehicle battery cells with improved capacity as early as this calendar year, the chief technology officer for EV batteries said.

A revamped version of its 2170 cells will begin production at its manufacturing plant in Nevada sometime during 2024 or 2025, CTO Shoichiro Watanabe said in an interview.

The Osaka-based electronics maker can deliver on its promise to quadruple production capacity by the 2030 fiscal year, according to Watanabe, and it doesn’t need to rely completely on building a new factory or heavy investments to do so.

Read more

You may also like

Comments are closed.

More in Newspapers