Panasonic Rides Tesla Wave to Boost Europe Battery Moves
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Panasonic Corp., the supplier of lithium-ion cells that plans to help Tesla Motors Inc. build a battery factory, said cooperation with the U.S. electric-car maker will probably boost demand from European automakers.
“The development with Tesla is catching a lot of attention in Europe,” Laurent Abadie, who heads the Japanese manufacturer’s operations in Europe, said in an interview yesterday. “It could bring some acceleration to this industry. Especially the German carmakers are trying to catch up.”