Hundreds of staff from Japanese electronics group Panasonic Corp are being drafted into the prepare Tesla’s lithium-ion gigafactory for production.
The employees are heading to Nevada this autumn to get the plant ready to start making lithium-ion batteries next year.
Japan’s electronics producer Panasonic has established a company to produce and sell lithium-ion batteries for Tesla’s 'Gigafactory' in the US.
The Panasonic Energy Corporation of North America will be built on-site of Tesla’s $5 billion factory in Nevada, US. The US subsidiary is planned to reduce the cost of long-range battery packs and will expand the production process accordingly to Tesla’s electric vehicle (EV) delivery schedule to meet Tesla’s goal of mass-market EV’s.
Automaker Tesla has chosen US state Nevada as the site for its planned $5 billion lithium-ion battery factory.
Californian Tesla is to build the factory in partnership with Japan’s Panasonic and expects to produce 35GWh of packs per year by 2020 for Tesla’s upcoming electric vehicle. The plant is aimed to generate more than 6,500 jobs and build 500,000 cars per year.
Panasonic is to supply and install battery machinery to Tesla Motor’s planned large-scale lithium-ion battery plant.
Panasonic will likely invest up to ¥30 billion ($294.7m) initially, according to a Nikkei report. Tesla aims to begin building the plant this year and to start making lithium-ion cells in 2017.
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