The Panasonic booth during the 2020 CES in the United States. Jan 7. — Reuters
TOKYO/LOS ANGELES: Panasonic Corp plans to exit solar cell production at Tesla Inc's New York plant, the latest sign of strain in a partnership where Panasonic's status as the US electric vehicle (EV) maker's exclusive battery supplier nears its end.
The move increases uncertainty over Tesla's solar business which is already under scrutiny, having been drastically scaled back since the US firm bought it for US$2.6bil (RM11.03bil) in 2016.
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