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Panasonic Will Supply The Same Cylindrical Battery As TESLA To Canoo’s "Lifestyle Vehicle"

Panasonic Will Supply The Same Cylindrical Battery As TESLA To Canoo’s "Lifestyle Vehicle"

Japanese car battery manufacturer Panasonic has signed a long-term supply contract with Canoo, a new American electric vehicle (EV) manufacturer, and will supply batteries to Canoo from 2022, and will supply the same products as those used by the American electric car manufacturer TESLA. payment. Nikkei Shimbun and Jiji News Agency reported on the 26th that Panasonic has signed a long-term supply contract with Canoo for several years and will supply car batteries to Canoo from 2022. The battery that Panasonic will supply to Canoo is the same product as the cylindrical battery currently used by TESLA. It will be installed in the "Lifestyle Vehicle" electric vehicle that Canoo is expected to sell in the European and American markets in 2022. Canoo officially released the above news on the 25th local time in the United States. The report pointed out that the battery that Panasonic will supply to Canoo will be produced and exported in Japan, and the Dutch VDL Nedcar, which is responsible for the assembly, will assemble the battery on Canoo's electric car. It is reported that Canoo has contacted many battery manufacturers, but in the end, the durability of Panasonic batteries was favored by Canoo. In addition to the U.S. factory jointly operated with TESLA, Panasonic also uses factories in Osaka City, Japan and Kaizuka City, Osaka Prefecture to produce cylindrical batteries. Panasonic pointed out that it "will use production lines that will not affect the supply of TESLA to be shipped to Canoo." Panasonic soared 5.64% on the 26th to close at 1,527 yen, a record close for about 3 years and 4 months (since June 15, 2018).
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