Mazda Motor Corporation has announced plans to establish a new module pack plant in Iwakuni City, Yamaguchi Prefecture, Japan. The new facility, expected to process cylindrical lithium-ion battery cells supplied by Panasonic Energy Co., Ltd., will boast an annual production capacity of 10 GWh. These battery packs will support Mazda’s first electric vehicle (EV) built on a dedicated EV platform, set to be manufactured in Japan.
Mazda’s decision to invest in this production facility is part of its broader electrification strategy outlined in its 2030 Management Policy, which emphasizes providing diverse technological solutions to meet customer needs and evolving regulatory standards. In collaboration with Panasonic Energy, Mazda signed a procurement agreement in May 2023, ensuring a stable supply of cylindrical lithium-ion batteries. This partnership was further solidified in September 2024, when the Japanese Ministry of Economy, Trade and Industry (METI) certified the collaboration as a “plan to ensure stable supply of storage batteries,” supporting national energy goals.
Electrification has been a focal point for Mazda over the past year. The company launched a new EV in China in September and introduced the Mazda EZ-6 to European markets shortly thereafter. In North America, Mazda has committed to adopting NACS charging ports in its vehicles to enhance charging accessibility. Meanwhile, Panasonic Energy has advanced the mass production of its 4680 cylindrical battery cells but has scaled back North American production plans, citing weaker demand.Beyond advancing its electrification goals, Mazda’s Iwakuni plant is expected to stimulate the local economy by creating new jobs and fostering industrial growth.
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