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Panasonic expects profit from Tesla batteries by year-end

Wed, 08/09/2017 - 09:28 -- News Editor
Panasonic expects profit from Tesla batteries by year-end

Electronics giant Panasonic expects to see a profit from Tesla’s Model 3 batteries by the end of the year.

Panasonic began battery cell production for the mass-market electric vehicle at their $5 billion Gigafactory in Nevada, USA, in June. 

 

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