{"id":1933309,"date":"2023-05-18T11:00:15","date_gmt":"2023-05-18T15:00:15","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/panasonic-plans-multiple-new-battery-factories-in-north-america-by-2030\/"},"modified":"2023-05-18T11:03:40","modified_gmt":"2023-05-18T15:03:40","slug":"panasonic-plans-multiple-new-battery-factories-in-north-america-by-2030","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/panasonic-plans-multiple-new-battery-factories-in-north-america-by-2030\/","title":{"rendered":"Panasonic to build new battery factories in North America by 2030."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpanasonic-plans-multiple-new-battery-factories-in-north-america-by-2030%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1933309&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2> Panasonic to Build Two New Factories in North America to Ramp Up EV Battery Production <\/h2>\n<h3> Introduction <\/h3>\n<p>Panasonic Holdings Corp, whose <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/panasonic-plans-multiple-new-battery-factories-in-north-america-by-2030\/\" title=\"Panasonic to build new battery factories in North America by 2030.\">energy unit makes batteries<\/a> for Tesla Inc, plans to build at least two new factories in North America to increase its production of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tesla-sees-highest-profits-ever\/\" title=\"Tesla Sees Highest Profits Ever\">battery cells<\/a> used in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-climate-agenda-wont-replace-jobs-it-seeks-to-kill-separate-ap-wapo-fact-checks-suggest\/\" title=\"Biden\u2019s Climate Agenda Won\u2019t Replace Jobs It Seeks To Kill, Separate AP, WaPo Fact-Checks Suggest\">electric vehicles<\/a>. The company aims to boost its auto battery capacity to 200 gigawatt hours per year by March 2031, which is about four times its level at the end of March.<\/p>\n<h3> New Factories for 4680 Battery Production <\/h3>\n<p>Panasonic confirmed to Reuters that it plans to build at least two new factories for 4680 battery production in North America by 2030. However, the company has yet to decide where in North America it will add the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/solar-industrys-reliance-on-chinese-forced-labor-threatens-bidens-green-economy\/\" title=\"Solar Industry\u2019s Reliance on Chinese Forced Labor Threatens Biden\u2019s Green Economy\">production capacity<\/a>. According to the company\u2019s Group Chief Executive Officer Yuki Kusumi, \u201cIt could be Nevada, it could be Kansas or it could be somewhere else.\u201d<\/p>\n<h3> Joint Venture with Marubeni Corp <\/h3>\n<p>Panasonic and trading house Marubeni Corp will form a joint venture around June that will be tasked with issues ranging from installing charging units to managing vehicle batteries. The Nikkei newspaper reported that the firms will build out a delivery network in Japan that will use small electric vans. They will deploy hundreds of EV commercial vans in about two years.<\/p>\n<h3> Pilot 4680 Production Line <\/h3>\n<p>Panasonic is running a pilot 4680 production line at its Wakayama factory in Japan, while Tesla is already producing the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/analysis-unknowns-delay-teslas-ramp-up-of-its-own-cutting-edge-batteries\/\" title=\"Analysis-\u2018Unknowns\u2019 delay Tesla\u2019s ramp-up of its own cutting-edge batteries\">4680 battery cells<\/a>. Panasonic will also set up two other new sites to deepen its battery know-how in Japan over the next two years. One is a production technology facility it will establish in Osaka city in 2024, and the other is a site for development of new and next-generation batteries that it plans to set up in 2025 in neighbouring Kadoma city.<\/p>\n<h3> Conclusion <\/h3>\n<p>Panasonic\u2019s plan to build two new factories in North America to ramp up EV battery production is a significant step towards achieving its goal of boosting its auto battery capacity to 200 gigawatt hours per year by March 2031. With the joint venture with Marubeni Corp and the establishment of two new sites in Japan, Panasonic is well on its way to becoming a major player in the EV battery market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Panasonic plans to construct two new factories in North America to increase production of battery cells for electric vehicles. The company&#8217;s energy unit supplies batteries to Tesla and aims to raise its auto battery capacity to 200 gigawatt hours annually.<\/p>\n","protected":false},"author":66,"featured_media":1933310,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[22207,5374,6737,5372,8593,5213,24477],"class_list":["post-1933309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-22207","tag-america","tag-battery","tag-build","tag-factories","tag-north","tag-panasonic"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1933309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1933309"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1933309\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1933310"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1933309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1933309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1933309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}