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A Costco in Japan began selling Starlink hardware on Thursday, according to a report from Impress. The Costco is reportedly selling Starlink's standard hardware at a discount until September 11. This is reportedly the first time Starlink hardware has been sold in a physical store. On Thursday, a Costco store that recently opened in Kadoma, in the Osaka Prefecture of Japan, reportedly began selling Starlink's standard hardware, according to a report from Impress. Starlink's hardware is also available for purchase on Costco's website for those in Japan.
Persons: Elon Musk's, Starlink Organizations: Costco, Elon, Elon Musk's SpaceX, Russian, Facebook Locations: Japan, Kadoma, Osaka Prefecture, Osaka, Ukraine
TOKYO, May 18 (Reuters) - Japan's Panasonic Holdings Corp (6752.T) aims to ramp up production of battery cells used in electric vehicles by building at least two new factories in North America, it said on Thursday. Panasonic plans to build at least two new factories for 4680 battery production in North America by 2030, a spokesperson confirmed to Reuters. Panasonic has yet to decide where in North America it will add the production capacity, said the company's Group Chief Executive Officer Yuki Kusumi. Panasonic and trading house Marubeni Corp (8002.T) will build out a delivery network in Japan that will use small electric vans, the Nikkei newspaper said later on Thursday. Panasonic will also set up two other new sites to deepen its battery know-how in Japan over the next two years.
TOKYO, May 18 (Reuters) - Japan's Panasonic Holdings Corp (6752.T) aims to ramp up its production capacity for 4680 battery cells by 2030 by building two or more new factories in North America, it said on Thursday, as it seeks to supply the growing electric vehicle (EV) market. Panasonic plans to build at least two new factories for 4680 battery production in North America, a spokesperson confirmed to Reuters. Panasonic has yet to decide where in North America it will add the production capacity, said the company's Group Chief Executive Officer Yuki Kusumi. Panasonic is running a pilot 4680 production line at its Wakayama factory in Japan, while Tesla is already producing the 4680 battery cells, which Tesla CEO Elon Musk has touted as being key to making cheaper and compelling electric cars. Panasonic will also set up two other new sites to deepen its battery know-how in Japan over the next two years.
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