Subaru and Mazda make an agreement with Panasonic Energy for EV batteries supply

9 September 2024, 10:24:59

Subaru and Panasonic Energy announced plans to prepare for the supply of automotive lithium-ion batteries and joint establishment of a new battery factory in Oizumi, Gunma Prefecture, Japan. Panasonic Energy will supply its next-generation cylindrical automotive lithium-ion batteries for the battery electric vehicles (BEVs) Subaru plans to produce starting in the latter half of the 2020s. This follows their conclusion of a basic cooperative agreement and reflects their aim of establishing a medium- to long-term partnership.

In parallel, Mazda and Panasonic Energy also announced that they will prepare for the supply of next-generation cylindrical automotive lithium-ion batteries, in anticipation of their installation in Mazda's battery electric vehicles (BEVs) that are scheduled to be introduced from 2027 onwards. This follows their formerly concluded agreement and reflects their aim of establishing a medium- to long-term partnership. In line with its management policy up to 2030, Mazda is dividing its roadmap into three phases, advancing the production of electric vehicles in response to market changes and customer needs. By 2027, the company plans to introduce a BEV model based on its first dedicated EV platform. As part of this collaboration, Panasonic Energy aims to increase its production capacity and plans to produce cylindrical lithium-ion batteries at its Suminoe and Kaizuka factories in Osaka from 2027 onwards. These will be module-packaged by Mazda. Panasonic Energy plans to achieve a domestic production capacity of 10 GWh annually for this collaboration by 2030.

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