Panasonic, Mazda in Talks for Automotive Battery
Panasonic Corp
Panasonic Energy and Mazda Motor Corporation have announced their agreement to engage in discussions for the establishment of a medium- to long-term partnership to address the growing demand for battery electric vehicles (EVs) and automotive batteries.
The primary focus of the discussions between Panasonic Energy and Mazda will be the supply of automotive cylindrical lithium-ion batteries. The manufacturing of these batteries will take place primarily at Panasonic Energy's facilities in Japan and North America, after which Mazda will buy them for use in its battery EVs when they go on sale in the latter part of the 2020s.
Kazuo Tadanobu, President and CEO of Panasonic Energy, expressed his optimism about the collaboration, stating that partnering with Mazda represents a significant step towards realising their mission of creating a society that harmonises happiness and sustainability through electrification. Leveraging their advanced technology and extensive experience, Panasonic Energy aims to drive growth in the lithium-ion battery industry while actively working towards achieving zero emissions.
Masahiro Moro, Director and Senior Managing Executive Officer of Mazda, highlighted Mazda's electrification initiatives and their phased approach to adapting to changing regulations and consumer preferences. Moro expressed delight in collaborating with Panasonic Energy, a pioneering force in automotive lithium-ion batteries known for their high-quality products. Mazda remains committed to combating global warming through various initiatives, including its electrification strategy.
The partnership between Panasonic Energy and Mazda builds upon their longstanding relationship, as evidenced by Mazda's use of Panasonic batteries in their Demio EV, which has been leased in Japan since 2012.
Through this collaborative effort, Panasonic Energy and Mazda aim to contribute to the advancement of the automotive and battery industries while addressing social challenges such as employment retention and human resource development within the region.
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Source: Panasonic
