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Technology

Panasonic Energy signs contracts with two automakers

The electronics company has struck partnership agreements with Mazda and Subaru, promising to supply them with cylindrical lithium-ion power cells for their next-gen EVs.

The partnership is scheduled to begin in 2027. By 2030, Panasonic hopes to upgrade its two battery plants in Japan to yield 30 gigawatt-hours of extra capacity per year. Out of these, Mazda is expected to claim 10 GWh and Subaru the remaining 20 GWh.

Editor: Andrew Raspopov

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September 12, 2024


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