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Panasonic to Build Lithium-Ion Battery Plant in China

Mon, 04/25/2011 - 12:20pm

According to media reports, Panasonic Corp. plans to build a new lithium-ion battery plant in China by April 2012 with an eye to accelerating a production shift to the country.

The plant will be constructed at a site adjacent to Sanyo Electric Co. 's existing factory in the eastern China province of Jiangsu. Sanyo became a wholly owned unit of Panasonic on April 1.

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