Tesla Supplier Panasonic Plans Bigger Batteries. EVs Will Get Cheaper. – Barrons

Electric-vehicle batteries are getting bigger. That should help make EVs more affordable.

On Monday, Panasonic (6752. Japan) said it would build a new production facility at its Wakayama factory in western Japan to build new “4680” battery cells for EVs. Panasonic supplies batteries to Tesla (TSLA) as well as to other EV makers.

The 4680…

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