China is the area to be when it comes to electric automobiles and Panasonic now plans to almost double its electric automobile battery creation in the nation to take knowledge of the surging market.

in accordance with a brand new document from Japan’s Nikkei, Panasonic is planning to spend “hundreds of tens of millions of bucks” to install two new creation lines at its chinese language battery cell manufacturing facility.

They pronounced:

“Osaka-based mostly Panasonic, whose current chinese language battery output skill is believed to be just about 5 gigawatts hours, has secured land for 2 more structures to go with the present two at its Dalian, Liaoning Province, facilities. it will believe including more capacity if obligatory to fill expanding orders.”

the two new strains may still influence in as much as 80% raise in production capacity.

When beginning creation on the manufacturing unit previous this yr, Panasonic stated that it spent about ~$four hundred million on the plant.

on the plant, Panasonic is producing “prismatic type lithium-ion batteries,” which can be the most customary in the business outdoor of Tesla.

Most electric motor vehicle manufacturers use rectangular-shaped batteries, but Tesla stands out via having pioneered using cylindrical cells essentially used for laptops in electric powered cars, beginning with the Tesla Roadster in 2008, with the automaker having been the use of variations of the identical cells ever considering that.

Panasonic additionally manufactured these cells for Tesla each in Japan and on the Tesla Gigafactory 1 in Nevada.

earlier this year, the CEO of Panasonic observed that they may partner up with Tesla again for Gigafactory 3 in China.

Tesla CEO Elon Musk observed that they might get battery cells from native suppliers for the Gigafactory three. more details here

At this moment, Panasonic is the simplest authorised enterprise of battery cells for Tesla’s automobiles – even though the automaker is the use of cells from other suppliers for its stationary energy storage items.

If Panasonic desires to supply battery cells for Gigafactory 3, it will must produce cylindrical cells in China or delivery importing its cells from different factories.