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Published 1 month ago

Mazda and Panasonic's energy unit sign auto battery supply agreement

Summary by Ground News
Japanese automaker Mazda Motor and the energy unit of Panasonic Holdings said on Friday they have signed an automotive battery supply agreement. The deal comes out of talks about a battery supply partnership for electric vehicles that Mazda and Panasonic Energy started in June last year. The agreement is likely to help Mazda step up production of EVs as part of a $9.9 billion spending plan.

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