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Panasonic to bring forward investment plans for Tesla batteries

Published Fri, May 20, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Tokyo

PANASONIC Corp is prepared to move up its investment plans for Tesla Motors Inc's battery plant if necessary, to meet strong demand for the electric-car maker's upcoming Model 3 sedan, an executive at the Japanese electronics group said.

Yoshio Ito, who heads Panasonic's automotive and industrial systems (AIS) division, told reporters on Friday: "We will do our best to move up the schedule if requested."

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