Asian Tech Press (Nov 04) -- According to media reports, Panasonic CEO Kazuo Tadanobu recently revealed that Panasonic will integrate all battery-related businesses, technical teams and marketing teams scattered in the parent company and different departments into the new company Panasonic Energy in October.

Technically, it is almost ready to start commercial mass production of Tesla's 4680 battery released last year. Production lines are being set up for prototype production, which will be gradually revised and moved to mass production. At the same time, it will expand production by about 20% at its Mexico plant to meet the increasing market demand for energy storage systems.