Panasonic Energy, a key supplier for Tesla, is gearing up to expand its production capabilities for high-capacity electric vehicle (EV) batteries. The company aims to meet the growing demand for advanced batteries as the global automotive industry shifts towards electric mobility.

Panasonic’s new production facilities will focus on developing and manufacturing batteries with increased energy density and longer range, addressing one of the key factors for EV adoption. This move is expected to bolster Tesla’s supply chain and support the company's ambitious plans for expanding its electric vehicle lineup.

The increased production capacity aligns with the broader trend of major automakers investing in battery technology to enhance performance and sustainability in the EV market.