Panasonic To Invest $700 Million To Produce Tesla EV Battery Nikkei
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TOKYO, Jan 24 (Reuters) – Japan’s Panasonic (6752.T) will begin producing its new lithium-ion battery for Tesla (TSLA.O) from as early as 2023, with plans to invest about 80 billion yen ($705 million) in production facilities in Japan, the Nikkei reported on Monday.
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