Panasonic needs four more battery plants to meet capacity target

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Corporate developments

Panasonic plans to build an annual production capacity of over 200 GWh by 2031

Japanese battery-maker Panasonic will need to set up around four more battery manufacturing plants to reach its goal of having an annual production capacity of more than 200 GWh by 2031, according to a news report published by Reuters on July 3.

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