TOKYO - Japanese electronics company, Panasonic Corp.. poured funds amounting to U.S. $ 30 million to the United States automobile company, Tesla Motors Inc.. The fund is intended for the manufacture of electric sports cars, in line with world market demand of environmentally friendly vehicles.
As reported by the Associated Press, (4 / 11), Panasonic and Tesla Motors announced plans for making it environmentally friendly sports car. With an investment of U.S. $ 30 million spent, Panasonic plans to acquire two percent stake in Tesla, at a price per share of U.S. $ 21.15. Panasonic will make batteries for electric cars made by Tesla Later. With the expansion developed, the stock of panasonic was directly boosted until 1181 yen.
"It is an honor and strong support for our technology that Panasonic, the leading manufacturer in battery cells, chooses to invest and it will become partners of Tesla," said by Chief Executive tesla, Elon Musk. "We believe that this partnership will make us able to improve the quality of the battery by reducing the cost of production," he continued.
While director of the cell batteries unit of Panasonic, Naoto Noguchi, saying that it hoped to get a reputation as an environmentally friendly company.
Last month, Tesla opened its first showroom opened for Asia in Tokyo and it hopes to encourage the rich to buy an electric car before finally making a cheaper model.
However, Tesla has not posted a profit yet since it is its inception in 2003. So far, Tesla is only selling about 1000 units of high quality electric cars. Sales were only for one type of vehicle only, ie Roadster sports cars are costing U.S. $ 109 thousand, which those are popular among celebrities and fans.
However, high incentives continue to follow Tesla along the growing attention to the issue of global warming and pollution. Governments in many countries even offer tax breaks and incentives for buyers of electric cars. However, users of electric cars need not to stop at the gas station to refuel.
In addition to Panasonic, Toyota also has to invest up to U.S. $ 50 million to create high-quality of electric cars. Toyota Motor Corp., known as the No. 1 of car maker in the world, also has signed a contract amounting to U.S. $ 60 million to Tesla to make an electric version of Toyota's RAV4.
Last month, Tesla showed off a factory in Fremont, California plant in the former joint venture of Toyota and General Motors. The former factory will be the site of the Model S electric sedan Through a partnership with Toyota, Tesla Model S plant to be sold in 2012.
Meanwhile, Nissan Motor Co. will market an electric car named Leaf in December. Nissan expects sales of electric cars around the world can grow to 10 percent in 2020. But analysts are still pessimistic about the electric car sales figures. (Fig / jpnn)
