
Japanese electronics giant Panasonic and US electric vehicle maker Tesla Motors said Thursday they will jointly build and operate a huge lithium ion battery plant known as the Gigafactory.

Japanese electronics giant Panasonic and US electric vehicle maker Tesla Motors said Thursday they will jointly build and operate a huge lithium ion battery plant known as the Gigafactory.
by Rohit T. K. in Bangalore
Panasonic Corp has reached a basic agreement with Tesla Motors Inc to initially supply the electric car maker’s proposed lithium-ion battery plant with machinery to make battery cells, the Nikkei said.
Panasonic Corporation’s NiMH 12V Energy Recovery Systems is being applied in the new idle-stop (stop-start) minicars just introduced by Nissan Motor and Mitsubishi Motors in Japan: the Nissan DAYZ ROOX and Mitsubishi eK Space. The new models were designed and developed for the Japanese market by NMKV Co., Ltd., a joint venture formed by the two automakers.