Panasonic Commits $1.6 Billion For Tesla Battery Gigafactory

Tesla battery gigafactory site, Reno, Nevada, Feb 25, 2015  [photo: CC BY-NC-SA 4.0 Bob Tregilus]

Throughout its project to build a massive battery “Gigafactory” near Reno, Nevada, Tesla has had assistance from its current battery supplier, Panasonic. The Japanese electronics company has agreed to help fund the project, and will use its technical resources to help set up and run the factory. Panasonic hasn’t previously disclosed the amount it… …read more