Panasonic announces that it will end solar cell production at Gigafactory 2 in Tesla's New York plant. This is part of Panasonic's global streamlining and will not affect the partnership between Tesla and Panasonic in electric vehicle battery production. Tesla and Panasonic established a solar cell production joint venture in 2016, and Panasonic paid for part of the cost of building Gigafactory 2. Solar panel production began in 2017. However, in the production of Solar Roof, a roof-integrated solar panel announced by Tesla, Panasonic did not believe that it could achieve the required appearance with the required efficiency and cost, according to the Nikkei Asian Review. Is telling.
In the end, Solar Roof, launched by Tesla in 2019, used Chinese panels. It is reported that Panasonic sells panels produced at Gigafactory to contractors and other customers in Japan, not to the original buyer, Tesla. Reuters also states that Panasonic has already sold its Malaysian photovoltaic plant and research and research division privately to China's GS-Solar.
Tesla has received a total of about $ 750 million in subsidies for the construction of Gigafactory 2 from New York State, and in return it has paid $ 5 billion to the state for more than 10 years, with 1,460 workers. You need to hire. If you can't do that, Tesla will have a $ 41 million penalty.
Panasonic said it would break its partnership with Tesla in solar panel production, but was not concerned about electric vehicle battery production at Gigafactory 1 in Nevada. The two companies decided to continue producing "leading electric vehicle batteries" there.