Panasonic unveils prototype battery for Tesla By Reuters

October 25, 2021 admin Stock News 0

© Reuters. FILE PHOTO: A man is seen next to Panasonic Corp’s logo at Panasonic Center in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) – Panasonic (OTC:)’s battery unit head on Monday unveiled a powerful prototype battery he said will deepen business ties with U.S. electric car maker Tesla (NASDAQ:) Inc.

He also said the company had no plan to make cheaper lithium iron phosphate (LFP) batteries for electric vehicles.

Kazuo Tadanobu, the head of Panasonic’s energy business, spoke during a media roundtable.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*