Mazda and Panasonic’s energy unit sign auto battery supply agreement
TOKYO : Japanese automaker Mazda Motor and the energy unit of Panasonic Holdings talked about on Friday they’ve signed an automotive battery present settlement.
The deal comes out of talks about a battery present partnership for electric vehicles that Mazda and Panasonic Vitality began in June final twelve months. Panasonic Vitality also makes batteries for Tesla.
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Mazda and Panasonic Vitality talked about in a joint assertion they’ll uncover at an relevant time shrimp print of the partnership for the provision of cylindrical automotive lithium-ion batteries.
The settlement is inclined to support Mazda step up manufacturing of EVs as fragment of a 1.5 trillion-yen ($9.9 billion) spending realizing it unveiled in late 2022.
Panasonic Vitality has also been in talks with Japanese automaker Subaru to location up a separate partnership for the provision of cylindrical automotive lithium-ion batteries.
($1 = 151.4100 yen)
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Source: Reuters
