Panasonic said it will stop producing solar cells and modules at Tesla’s factory in Buffalo, N.Y., ending a four-year joint venture with the electric automaker.
Nikkei Asian Review was the first to report that Panasonic planned to end its production agreement with Tesla . Panasonic has since issued an announcement to explain its decision. Tesla did not respond to a request for comment.
Panasonic said it will cease solar manufacturing operations at the Tesla factory by the end of May. The company will exit the factory by September...
...As Panasonic exits New York, it still works with Tesla under a separate joint venture to produce battery cells at a massive factory near Reno, Nev. Panasonic said in a statement that the decision “will have no impact on Panasonic and Tesla’s strong partnership in Nevada.” The two companies will continue their electric vehicle battery work taking place at Tesla’s Gigafactory, according to Panasonic.
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