Panasonic’s production at the factory in Buffalo will end by May, with an exit by September, it said in a statement. The decision is to streamline the company’s global solar energy operations, it said.
Panasonic will continue making batteries for Tesla’s electric vehicles in another factory in Nevada, it said.
Panasonic also quoted Tesla as saying that the move won’t affect Tesla’s solar business plans.
This story is from the February 28, 2020 edition of AppleMagazine.
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This story is from the February 28, 2020 edition of AppleMagazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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