Panasonic to boost battery output at Tesla's Nevada Gigafactory by 10%

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Panasonic to boost battery output at Tesla's Nevada Gigafactory by 10%
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Panasonic Holdings plans to expand production of electric vehicle batteries at a factory in Nevada jointly operated with Tesla by 10% within three years, a spokesperson for the Japanese company said on Tuesday.

The comments followed a Nikkei Asiaon Monday that said unit Panasonic Energy would install a 15th production line at Gigafactory Nevada.

At the time, Panasonic had not disclosed where in North America it would add the production capacity.

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