LG, Panasonic and Samsung are ready to invest in the production of batteries for electric vehicles

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POSTER: computer news   ||   LG, PANASONIC AND SAMSUNG ARE READY TO INVEST IN THE PRODUCTION OF BATTERIES FOR ELECTRIC VEHICLES	DATE:2014-03-03
This week starts the Geneva Motor Show.  Especially because electronics manufacturers cooperating with auto companies not only in the creation of multimedia systems, but also in the manufacture of batteries for the growing popularity of electric cars and hybrids.  Japanese corporation Panasonic, for example, has long believed this market segment is quite promising, with the right approach to pull the company out of crisis.  Last week, we talked about the possibility of participation in the construction of the new Panasonic factory to produce batteries for electric Tesla.  It is assumed that the company will be launched in 2017, and the share of investment in Panasonic will reach $ 1 billion , Japanese manufacturer is now supplying its Tesla batteries, but by 2017 the current contract shall terminate. As explained by the agency Reuters, the Korean chemical company LG Chem plans to build a plant to produce batteries for electric vehicles in China.  Manufacturer already supplies its batteries to General Motors and Renault-Nissan, and soon the number of its customers in this area can grow up to 20 companies.  The Chinese government encourages the spread of hybrid and electric vehicles by 2015, it plans to increase the number of the vehicles on the roads of the country up to 500 thousand units, and by 2020 this figure will rise to 5 million pieces.  Availability of production in China, capable of electric batteries will be a favorable factor for achieving these goals. Rival Samsung also ready to create a joint venture in China for the production of traction batteries for vehicles.  Its construction will be invested at least $ 600 million and long-term plan of development figured out for the next five years. Related Products :

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