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Panasonic to Help Make Tesla's Gigafactory Materialize

2014-08-05 19:20:40| TechNewsWorld

Tesla and Panasonic last week signed what is effectively a memorandum of understanding regarding their collaboration on Tesla's Gigafactory -- a large-scale battery manufacturing facility. The agreement sets out the responsibilities of both partners, but there will be further discussions over the details. The Gigafactory will let Tesla produce 500,000 vehicles a year.

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