Panasonic unveils prototype battery for Tesla
© Reuters. FILE PHOTO: A man is seen next to Panasonic Corp’s logo at Panasonic Center in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon
TOKYO (Reuters) – Panasonic (OTC:PCRFY)’s battery unit head on Monday unveiled a powerful prototype battery he said will deepen business ties with U.S. electric car maker Tesla (NASDAQ:TSLA) Inc.
He also said the company had no plan to make cheaper lithium iron phosphate (LFP) batteries for electric vehicles.
Kazuo Tadanobu, the head of Panasonic’s energy business, spoke during a media roundtable.
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