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Panasonic, Tesla broaden partnership to residential storage batteries

Rendering of the Gigafactory, which is under construction in Nevada.   © (Image courtesy of Tesla)

OSAKA -- Panasonic and Tesla Motor are broadening their battery partnership to include the manufacture and marketing of powerful, low-cost storage batteries for homes.

The U.S. electric automaker recently revealed that in light of its plans to acquire SolarCity, it also plans to cooperate with Panasonic on making residential solar panels in New York state.

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