Tag: EV batteries
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Panasonic: $4.9 billion will be invested in EV batteries and supply chain software
Panasonic announced on Friday that it will spend 600 billion yen ($4.9 billion) on various investments over the next three years, the Nikkei Asian Review reported. Panasonic said that 400 billion yen will be invested in growth areas such as electric vehicle (EV) batteries, supply chain software, and air conditioners, and 200 billion yen will…