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Closer to the consumer: Panasonic is considering manufacturing lithium-ion batteries in Northern Europe
eighteen.eleven.2021 [14:49],
Alexey Razin

Being one of the seven largest oil exporters in the world, Norway pays a lot of attention to the transfer of all modes of transport to electric traction, including air traffic. Panasonic signs cooperation agreement with two Norwegian partners to set up production of lithium ion batteries in Norway.

Image Source: Getty Images

Japanese corporation intends to cooperate with energy company Equinor and industrial company Norsk Hydro. In the coming months, the partners will have to assess the capacity of the lithium-ion battery market in Europe in order to determine the feasibility of their release in Norway. In addition to the production of Panasonic itself, enterprises of a related profile will be able to settle in the neighborhood. Panasonic is already a strategic partner of Tesla and Toyota in the supply of traction batteries for electric vehicles and hybrids.

In addition to electric vehicles, lithium-ion batteries can be used in stationary energy storage systems. This was hinted at by representatives of the Norwegian energy company Equinor. It is known that Tesla will produce traction batteries of a new standard size 4680 for its own needs at a plant under construction in the vicinity of Berlin. At the same time, Elon Musk has repeatedly stated that the development of its own production of batteries in the coming years will not deprive Tesla of the need to purchase batteries on the side, so the emergence of Panasonic’s core production in Norway may be beneficial for this manufacturer of electric vehicles.

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