Panasonic has invested $30 million in Tesla, the electric car maker, to jointly develop new types of lithium batteries for these electric cars.
The acquisition, to $21.15 per share, is closely related to the joint development of lithium ion batteries for the new generation of electric vehicles.
Panasonic’s investment, which has signed an agreement in January to supply lithium-ion batteries for electric cars of Tesla, formalized a partnership with U.S. manufacturer, specialized in manufacturing electric sports car.
The purchase of shares of Panasonic is less than that made by Toyota Motor in Tesla, which was $50 million.
The main manufacturers of lithium ion batteries in the world are Panasonic and Sanyo have a 30 percent stake in the market.
Electric vehicle with lithium batteries do not emit CO2 or damage the environment if the electricity comes from renewables such as wind, solar photovoltaic and solar thermal or thermal. Wind turbines can supply electricity to electric vehicles in the future will also serve to store and regulate the electricity intermittent wind energy sector.