Later, Panasonic’s new CEO, Yuki Kusumi, said that it is prepared to make a “large investment” in producing Tesla’s new battery cell if test production proves successful. Now Hirokazu ...

Tesla utilizes the new 4680-type cells in the recently launched Made-in-Texas Tesla Model Y. Panasonic new battery investment ...

Panasonic Chief Financial Officer Hirokazu Umeda stated that Panasonic was asked by Tesla to ramp up the 4680 cells ...

Panasonic Holdings Corp. is being asked by Tesla Inc. to speed up the development of its next-generation 4680 batteries, said Hirokazu Umeda, chief financial officer. Anticipation had been ...

Tesla's top cell supplier has been scouting locations in the U.S., although it plans to initially build the new format in Japan.

The battery, of 4680 format (46 millimetres wide and 80 millimetres tall), is about five times bigger than those that Panasonic currently supplies, meaning Tesla should be able to lower production ...

Japan's Panasonic Corp on Wednesday posted fourth-quarter operating profit of 83.3 billion yen ($639.6 million) compared with ...

The battery, of 4680 format (46 millimetres wide and 80 millimetres tall), is about five times bigger than those that Panasonic currently supplies, meaning Tesla ... funds to invest in the business.