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Panasonic CEO says could soon increase output at Tesla's gigafactory battery plant
Panasonic Corp Chief Executive Kazuhiro Tsuga said on Tuesday that output could soon be increased at Tesla Inc`s "gigafactory" battery plant as the causes of production bottlenecks for Tesla`s Model 3 are now understood.
Luxury electric vehicle maker Tesla said early this month that "production bottlenecks" had left the company behind its planned ramp-up for the new Model 3 mass-market sedan.
The plant is operated jointly by Panasonic and Tesla. Panasonic produces battery cells for Tesla`s electric vehicles, while Tesla makes battery packs using the cells.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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