Hiroshima, Japan, January 6, 2025 – (JCN Newswire) – Mazda Motor (OTC:) Corporation (Mazda) announced that it will build a new module pack plant for automotive cylindrical lithium-ion battery cells in Iwakuni City, Yamaguchi Prefecture. , Japan. The new plant will produce modules and packs of automotive cylindrical lithium-ion battery cells purchased from Panasonic (OTC:) Energy Co., Ltd. (Panasonic Energy). The completed battery packs will be installed in Mazda's first electric vehicle to use a dedicated EV platform and will be manufactured at Mazda's vehicle plant in Japan. The annual production capacity is scheduled to reach 10 gigawatts per hour.
Under the 2030 Management Policy, Mazda is steadily preparing for electrification technologies based on a multi-solution strategy that provides a variety of technological options to meet customer needs and regulatory changes, in order to contribute to solving the social problem of reducing global warming. In the field of batteries, which are one of the main components of electric vehicles, the company signed an agreement with Panasonic Energy in May 2023 to purchase cylindrical lithium-ion batteries for automotive use, and in September 2024, a plan to expand battery production and technology. The development through this cooperation has been approved by the Ministry of Economy, Trade and Industry (METI) as a “plan to ensure a stable supply of storage batteries. Based on the plan, Mazda will provide its customers with its unique battery-powered electric vehicles that provide a high level of design, comfort and driving range.” Using battery module assemblies produced at the new plant, the plant will also contribute to local employment and economic development.
Mazda will continue to develop “Joy of Driving” based on the value of “Radical Human” towards 2030, and will aim to deliver “Joy of Life” by creating exciting mobility experiences in our customers' daily lives.
About Mazda’s brand essence “Celebrating Leadership”
The essence of the Mazda brand is “Celebrating Leadership”. Mazda's “Celebration of Driving” is not just about driving performance. Choosing a Mazda gives the owner confidence and pride. Driving a Mazda brings you the urge to take on new challenges. Not only our products but every encounter with Mazda evokes the emotion of movement and makes customers' hearts beat with excitement. It's all embedded in our brand essence of 'Celebrating Leadership'. For more information, visit www.mazda.com.
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