Panasonic To Produce Lithium Batteries In Wuxi

 

Via www.ecns.cn

On December 11, Japanese financial newspaper Nikkei Asian Review reported that Panasonic will start to mass produce batteries for electric motorcycles and low-speed EVs at its lithium-ion battery plant in Wuxi, East China’s Jiangsu Province, and may even supply them to Chinese companies due to the rising demand of batteries in the country.

Liu Yong, secretary-general of the Energy Storage Applications Branch of the China Industrial Association of Power Sources, said that it is still difficult to measure to what extent the expansion of global leading brands will influence domestic makers as their competitiveness is strong after years of development.

But the presence of foreign-backed battery makers could boost technological upgrading of lithium-ion batteries in China, Liu said.

 

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