Saturday, November 22, 2014
FAIRFIELD-SUISUN, CALIFORNIA
99 CENTS

Panasonic, Tesla to build big US battery plant

By
From page B11 | August 01, 2014 |

TOKYO — American electric car maker Tesla Motors Inc. is teaming up with Japanese electronics company Panasonic Corp. to build a battery manufacturing plant in the U.S. expected to create 6,500 jobs.

The companies announced the deal Thursday, but they did not say where in the U.S. the so-called “gigafactory,” or large-scale plant, will be built. Tesla has said that Nevada, Arizona, Texas, New Mexico and California are in the running.

Financial terms weren’t disclosed for the $5 billion plant.

The plant will produce cells, modules and packs for Tesla’s electric vehicles and for the stationary energy storage market, employing 6,500 people by 2020.

Under the agreement, Tesla, based in Palo Alto, will prepare, provide and manage the land and buildings, while Osaka-based Panasonic will manufacture and supply the lithium-ion battery cells and invest in equipment.

Tesla CEO Elon Musk has said the factory will help Tesla reduce its battery costs by 30 percent. Tesla needs cheaper batteries in order to produce its mass-market Model 3, an electric car it’s developing that would cost around $30,000. Tesla hopes to have the Model 3 on the road by 2017. The company’s only current vehicle, the Model S sedan, starts at $70,000.

“The Gigafactory represents a fundamental change in the way large-scale battery production can be realized,” said Tesla Chief Technical Officer and co-founder JB Straubel, referring to the cost reductions.

Sales of zero-emission electric vehicles account for less than 1 percent of the global auto market. But worries about global warming and more stringent emissions regulations in many countries are expected to boost sales of electric and other green vehicles.

Yoshihiko Yamada, executive vice president of Panasonic, said the planned factory will help the electric vehicle market grow.

Panasonic, which has ceded much of its strength in consumer electronics to competitors, is putting more focus on businesses that serve other industries, including batteries.

It remains powerful in Japan and some overseas markets in consumer products such as refrigerators, washing machines and batteries for gadgets.

 

The Associated Press

The Associated Press

LEAVE A COMMENT

Discussion | No comments

The Daily Republic does not necessarily condone the comments here, nor does it review every post. Read our full policy

.

US / World

House intel panel debunks many Benghazi theories

By The Associated Press | From Page: A1, 7 Comments

 
A look at how FDA-approved robotic leg braces work

By The Associated Press | From Page: A1

Marine with robotic leg braces gets Bronze Star

By The Associated Press | From Page: A1, 1 Comment | Gallery

 
Oregon festival’s giant nutcracker: 41 feet

By The Associated Press | From Page: A2

San Francisco window washer falls onto moving car

By The Associated Press | From Page: A3 | Gallery

 
Zookeepers had safety concerns before gorilla died

By The Associated Press | From Page: A4

California storms bring scattered rain, mudslides

By The Associated Press | From Page: A4 | Gallery

 
Judge declares wrongly convicted woman innocent

By The Associated Press | From Page: A4 | Gallery

$139M deal reached in school molestation case

By The Associated Press | From Page: A4

 
Agency rejects solar project in Silurian Valley

By The Associated Press | From Page: A5

Senate leader lays off dozens of office employees

By The Associated Press | From Page: A5, 1 Comment

 
UC expands legal services for immigrant students

By The Associated Press | From Page: A5

Man pleads not guilty to emailing nudies of ex

By The Associated Press | From Page: A5

 
Stymied? Republicans seek immigration response

By The Associated Press | From Page: A5

LA animal shelter slashes prices on 100 pets

By The Associated Press | From Page: A5 | Gallery

 
Iran nuke talks stalled, despite Kerry efforts

By The Associated Press | From Page: A10

Biden urges Russia to uphold east Ukraine truce

By The Associated Press | From Page: A10

 
Police: 3-year-old set fire that killed his family

By The Associated Press | From Page: A10

93-year-old woman marks 75 years with same company

By The Associated Press | From Page: A10

 
UK police spied on reporters for years, docs show

By The Associated Press | From Page: A10

Agency: Schools helped Lanza’s mom ‘appease’ him

By The Associated Press | From Page: A10

 
Bandits in Guinea steal suspected Ebola blood

By The Associated Press | From Page: A10

With snow still piled high, Buffalo faces flooding

By The Associated Press | From Page: A10

 
.

Opinion

 
Editorial Cartoons: Nov. 22, 2014

By Daily Republic Syndicated Content | From Page: A8

 
Batson column falls short of truth

By Letter to the Editor | From Page: A8, 40 Comments

.

Living

Community Calendar: Nov. 22, 2014

By Susan Hiland | From Page: A2

 
Today in History: Nov. 22, 2014

By The Associated Press | From Page: A2

My sister kicked Mom out of her house and won’t let her have the car

By Kathy Mitchell and Marcy Sugar | From Page: A7

 
Horoscopes: Nov. 22, 2014

By Holiday Mathis | From Page: A7

Blanket drive for homeless gets help from Colts player

By The Associated Press | From Page: B8

 
.

Entertainment

Bill Cosby show set for Vegas casino canceled

By The Associated Press | From Page: B9

 
Matt Czuchry says ‘Good Wife’ arc is at right time

By The Associated Press | From Page: B9

‘Queen Latifah Show’ to end after its 2nd season

By The Associated Press | From Page: B9

 
TVGrid

By Daily Republic Syndicated Content | From Page: B9

.

Sports

Vacaville downs Del Oro to advance to section semis

By Nick DeCicco | From Page: B1

 
Sparano savors 1st win with Raiders

By The Associated Press | From Page: B1

 
Ibanez, Cash, Wakamatsu finalists to manage Rays

By The Associated Press | From Page: B2

 
Federal judge denies sports betting in New Jersey

By The Associated Press | From Page: B2

JC women’s basketball: Solano advances to tourney title game

By Daily Republic staff | From Page: B2

 
Ciganda, Granada tied for lead at LPGA finale

By The Associated Press | From Page: B2

Sharks trade Demers to Stars for Dillon

By The Associated Press | From Page: B2

 
NFL will hear Adrian Peterson’s appeal Dec. 2

By The Associated Press | From Page: B2

49ers’ Dorsey is out of Sunday’s game against Redskins

By The Associated Press | From Page: B2

 
France levels tie against Switzerland in Davis Cup

By The Associated Press | From Page: B2

 
This date in sports history for Saturday, Nov. 22, 2014

By The Associated Press | From Page: B3

.

Business

Toyota recalls nearly 423K Lexuses for fuel leaks

By The Associated Press | From Page: B4

 
Ford’s new F-150 to get 26 mpg, tops among pickups

By The Associated Press | From Page: B4, 1 Comment | Gallery

CEOs in 10 big mergers to get $430M: Equilar study

By The Associated Press | From Page: B4

 
California unemployment unchanged at 7.3 percent

By The Associated Press | From Page: B4

White House: Immigration steps would boost wages

By The Associated Press | From Page: B4

 
.

Obituaries

.

Comics

Wizard of Id

By Daily Republic Syndicated Content | From Page: A6

 
For Better or Worse

By Daily Republic Syndicated Content | From Page: A6

B.C.

By Daily Republic Syndicated Content | From Page: A6

 
Baldo

By Daily Republic Syndicated Content | From Page: A6

Rose is Rose

By Daily Republic Syndicated Content | From Page: A6

 
Beetle Bailey

By Daily Republic Syndicated Content | From Page: A6

Blondie

By Daily Republic Syndicated Content | From Page: A6

 
Sally Forth

By Daily Republic Syndicated Content | From Page: A6

Zits

By Daily Republic Syndicated Content | From Page: A6

 
Pickles

By Daily Republic Syndicated Content | From Page: A6

Frank and Ernest

By Daily Republic Syndicated Content | From Page: A6

 
Peanuts

By Daily Republic Syndicated Content | From Page: A6

Garfield

By Daily Republic Syndicated Content | From Page: A6

 
Get Fuzzy

By Daily Republic Syndicated Content | From Page: A6

Dilbert

By Daily Republic Syndicated Content | From Page: A6

 
Baby Blues

By Daily Republic Syndicated Content | From Page: A6

Bridge

By Daily Republic Syndicated Content | From Page: A7

 
Sudoku

By Daily Republic Syndicated Content | From Page: A7

Cryptoquote

By Daily Republic Syndicated Content | From Page: A7

 
Crossword

By Daily Republic Syndicated Content | From Page: A7

Word Sleuth

By Daily Republic Syndicated Content | From Page: A7

 
.

Home Seller 11/22/14

Ask a Designer: from clutter to decor

By The Associated Press | From Page: HSR2

Real estate transactions for Nov. 22, 2014

By Maureen Fissolo | From Page: HSR3

US 30-year mortgage rates drop to 3.99 percent

By The Associated Press | From Page: HSR3