“Panasonic does not have a timeframe for a decision on its investment but any expenditure this year would be small.”
Yoshio Ito, Senior Managing Executive Officer and President of the Panasonic’s automotive and industrial division, sees no need to rush regarding investments to be made in Tesla’s Gigafactory. Those will be made step-by-step and gradually.
“Once Tesla warms up the market, BYD should follow to pick up some real fruits.”
BYD’s Senior Vice President Stella Li confidently challenges assumptions of Tesla becoming a dominant force in the Chinese EV market. Instead as a competitor, she sees the Californian car maker as potential collaborator and points out that BYD as battery manufacturer might even become a supplier to Tesla at some point.
knowledge.ckgsb.edu.cn via forbes.com
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