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Panasonic to invest in Tesla PV cell plant
Published Tue, Dec 27, 2016 · 09:50 PM
Tokyo
PANASONIC Corp will invest more than 30 billion yen (S$370 million) in a New York production facility of Elon Musk's Tesla Motors to make photovoltaic (PV) cells and modules, deepening the partnership between the two companies.
Japan's Panasonic, which has been retreating from low-margin consumer electronics to focus more on automotive components and other businesses targeting corporate client…
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