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22 Jan
15:28

Panasonic puts US gigafactory plans on back-burner: report

Panasonic Energy’s chief executive Yuki Kusumi has confirmed the company’s decision to delay plans to build a third battery plant in the US, to focus on existing capacity instead. “I keep telling people we need to think about thoroughly raising productivity before setting up a third location,” Kusumi told Reuters. He also noted that new battery plants require a great deal of human resources and says that in general, it is best to limit the…
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