Mazda and Panasonic Energy's unit sign a battery supply agreement for Mazda's electric vehicle production.

Mazda Motor and Panasonic Energy's energy unit have signed an automotive battery supply agreement, as Mazda aims to enhance its electric vehicle production in line with its 1.5 trillion-yen ($9.9 billion) spending plan. The partnership will involve the supply of cylindrical automotive lithium-ion batteries, with further details to be disclosed at an appropriate time. Panasonic Energy also supplies batteries for Tesla.