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Tesla and Panasonic reopen talks on Gigafactory investment

Partners consider raising EV battery capacity after freezing spending last year

A visitor views the Tesla Model 3 electric vehicle at the Canadian International Auto Show in February.    © Reuters

OSAKA -- Panasonic and Tesla have revived talks on investment to boost output of electric-vehicle batteries at the Gigafactory in the U.S. state of Nevada, the Japanese company said Monday.

The American electric-vehicle maker aims to sell 1 million autos globally next year, which will require an ample supply of lithium-ion batteries.

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