Dissolve joint production of solar products with US Tesla Panasonic February 26 17:53
Panasonic in Osaka and Tesla, an electric car manufacturer in the United States, are jointly producing solar panel products, but have decided to break this relationship. We will maintain joint production of batteries for electric vehicles.
Tesla in the United States has acquired a solar panel manufacturer, and has been working with Panasonic in 2017 to manufacture solar cells and other products used in solar panels at a factory in New York, USA.
For this joint venture, Panasonic has decided to break the joint production relationship.
It is probable that Panasonic's solar business as a whole has been in the red, and has decided to withdraw because it has determined that production in the United States is unprofitable.
Meanwhile, Panasonic and Tesla will continue to co-produce batteries for electric vehicles at their Nevada plant.
Last year, Panasonic declared `` elimination of structural deficit business by 2021 '' and withdrew from unprofitable departments, such as withdrawing from LCD panel production and semiconductor business, closing a factory in Mexico that produces TV And shrinking one after another.