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Business

Panasonic expanding overseas car battery production -- sensibly

Impossible to fully meet surging demand: battery business chief

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Panasonic's lithium-ion batteries, which are part of Tesla Motor's Model S and Model X battery packs, are displayed in front of a poster of a Tesla car.   © Reuters

TOKYO -- As electric vehicles rapidly gain ground in the global auto market, huge growth in demand is expected for car batteries.

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