Japanese based Panasonic are 4th in the world for battery production - 9.6% of total batteries produced with this :
Panasonic to quadruple its battery production by 2031
Panasonic wants to increase its annual production capacity for EV battery cells to 200 GWh by March 2031.
That would be around four times what it currently produces.
To do so, Panasonic is focusing more on production in North America.
The company will build at least two new factories to produce 4680 battery cells by 2030, as a spokesperson told Reuters.
Following a strategy presentation, Panasonic CEO Yuki Kusumi indicated that they had yet to decide where exactly where in North America to expand. “It could be Nevada, it could be Kansas or it could be somewhere else”, he said.
Hey Panasonic, look South.
Japanese based Panasonic are 4th in the world for battery...
Add TVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $87.00M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $22.97K | 428.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 104293 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 272431 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
5.3¢ |
Change
0.000 ( 1.85 %) |
||||
| Open | High | Low | Volume | ||
| 5.5¢ | 5.6¢ | 5.3¢ | 162235 | ||
| Last updated 15.50pm 03/05/2024 ? | |||||
| TVN (ASX) Chart |