Announced Panasonic Power Battery Development History Review

- Sep 20, 2017-

Panasonic Power Battery announced after cooperated with Tesla Racing car model S, that means Panasonic power battery is well knowned, quality is good. but also means NCM appliced in electric vehicals is safe.

let's have a brief view of history of such a successful company. how does it grow up? what does it achieved?

Panasonic industries, founded in 1918, began research and development of rechargeable lithium-ion batteries in 1994.

Panasonic began producing cylindrical lithium-ion batteries for notebook computers in 1998 and built the industry's leading lithium-ion battery production line.

In November 2008, Panasonic announced a merger with SANYO motor, becoming the world's largest supplier of lithium batteries.

With the rise of new energy vehicles, Panasonic power battery business revenue grew rapidly, reaching $1 billion 800 million in 2016, an increase of about 50%, in 2016 the power battery shipments of about 9.8GWh, an increase of 56%.

GF Securities Research Center shows the datus below: