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Panasonic Energy Partners with Novonix for Electric Vehicle Battery Production

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FEBRUARY 14, 2024

Panasonic Energy, the Japanese energy company, has signed a sustainable graphite supply agreement with Novonix, a battery materials and technology company based in Queensland, Australia.

The goal of Panasonic Energy is to strengthen its supply chain in North America while reducing its environmental impact. They will use Novonix’s synthetic graphite in their electric vehicle battery manufacturing plants in the United States. Novonix is expected to start shipping synthetic graphite from Tennessee in 2025.

The Japanese company aims to reduce the carbon footprint across the entire supply chain of lithium-ion batteries for electric vehicles by 50% compared to 2022 levels. Through this agreement with Novonix, Panasonic Energy will acquire 10,000 tons of graphite over four years.

Panasonic Energy is collaborating with other companies in addition to Novonix to strengthen its supply chain. In December 2023, they announced a partnership with Sila, a next-generation battery materials manufacturer. Thanks to this collaboration, the Asian company has gained access to Sila’s Silicon Titan, a negative electrode nanocomposite of silicon.

Furthermore, Panasonic Energy is still planning to build a third electric vehicle battery manufacturing plant in the United States. Last year, they excluded Oklahoma from the list of potential locations for the battery plant.

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FAQs:

1. Who has Panasonic Energy signed a sustainable graphite supply agreement with?
Panasonic Energy has signed a sustainable graphite supply agreement with Novonix, a battery materials and technology company based in Australia.

2. What is Panasonic Energy’s objective in signing this agreement?
The objective of Panasonic Energy is to strengthen its supply chain in North America while reducing its environmental impact.

3. Where will Novonix’s synthetic graphite be used?
Novonix’s synthetic graphite will be used in electric vehicle battery manufacturing plants in the United States.

4. When is Novonix expected to start shipping synthetic graphite?
Novonix is expected to start shipping synthetic graphite from Tennessee in 2025.

5. How many tons of graphite will Panasonic Energy acquire through this agreement?
Panasonic Energy will acquire 10,000 tons of graphite over four years.

Key Definitions:

– Graphite: Material composed of carbon that is used in battery manufacturing.

– Supply chain: Sequence of activities involved in the production and distribution of a product.

– Carbon footprint: Measure of greenhouse gas emissions produced by a product, company, or activity.

Suggested Related Links:

– [Panasonic Global](https://www.panasonic.com/global/home.html)

– [Novonix Group](https://novonixgroup.com/)

[embedded content](https://www.youtube.com/embed/GGf2ocVuYaU)

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