LAS VEGAS ¨C Tesla supplier Panasonic Energy plans to eliminate its supply-chain dependence on China for electric vehicle batteries made in the United States, a senior executive said, calling the shift a "No.1 objective."
The comments from Allan Swan, President of Panasonic Energy of North America, highlight how incoming U.S. President Donald Trump¡¯s pledge to raise tariffs on imported Chinese goods has forced companies around the world to reassess their manufacturing processes.
Panasonic Energy, which supplies batteries to Tesla and other automakers, is a unit of Japanese electronics giant Panasonic.
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