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Tesla Supplier Panasonic Completes Preparations For Mass Production Of High-Capacity EV Batteries At Wakayama Plant, Set To Produce 4680 Cells - Panasonic Holdings Corp ADR (OTC:PCRFY), Panasonic Holdings (OTC:PCRFF)

Summary by Benzinga
Panasonic Holdings Corp has completed preparations for the mass production of its high-capacity electric vehicle batteries.

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(Los Angeles=Yonhap News) Correspondent Immina = Japan's Panasonic, a company that supplies batteries to the US electric vehicle company Tesla, has a next-generation battery “4680” product...

·Korea, Republic of
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Panasonic says it is ready for mass production of 4680 battery cells. These cells are larger and more efficient than the usual 2170 cells, which Panasonic says will increase the capacity of a battery while reducing the price.

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Financial Post broke the news in Canada on Monday, September 9, 2024.
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