North American electric vehicle market growth is lower than expected, Panasonic Energy seeks support from the Japanese market

Although the North American electric vehicle market is still growing, the growth rate is slower than expected. To this end, Panasonic Energy plans to use Japan as its second largest growth pillar to make up for the sluggish US market. Currently, Panasonic is considering using production lines in Japan that produce for North American customers to supply batteries to potential Japanese customers.