After months of talks about a medium- to long-term supply partnership related to automotive batteries, Subaru and Panasonic Energy have signed 'a basic cooperative agreement.'' The deal covers the supply of cylindrical automotive lithium-ion batteries for Subaru's further all-electric car models. Get Fully Charged Subaru EV sales targets In 2023, Subaru sold 8,872 all-electric cars in the U.S.
Panasonic is preparing to meet the requirements of the next-generation all-electric vehicles and engages in talks with automakers about what they need before triggering multi-billion dollar investments. Besides Subaru, a similar discussion was established with Mazda. Of course, Panasonic is also a major battery supplier for Tesla and the company expects to produce 4680-type batteries for the Texas-based automaker.
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