Panasonic To Build $412 Million Lithium-Ion Battery Factory In China

Nikkei reports that Panasonic intends to build an automotive lithium-ion battery plant in China, as a joint venture with a Chinese partner – as one needs to do (regulation/tax hurdles) to be successful in the country. An investment of 50 billion yen ($412 million) in the northeastern city of Dalian, Liaoning Province… …read more