Panasonic said it expected the development of a bigger electric vehicle battery to help the company diversify its business from Tesla, as the Japanese electronics conglomerate works to focus direction after a period of aggressive streamlining.
Yuki Kusumi, a company veteran appointed chief executive last year, said Panasonic would invest ¥600bn ($4.8bn) over the next three years, with two-thirds earmarked for EV batteries, supply chain software and air conditioners.
Kusumi said Panasonic was prioritising the development of the lithium-ion 4680 battery at its Wakayama factory in western Japan. The company plans to introduce two production lines for the battery, which has a fivefold energy capacity compared with those being used at present.
您已閱讀21%（748字），剩餘79%（2736字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。