Panasonic Energy, a leading Japanese battery manufacturer, has secured a multi-year deal with Zoox, Amazons self-driving car unit, to supply cylindrical batteries. This partnership, set to commence in early 2026, will see Panasonic providing its latest two-one-seven-zero batteries to support Zooxs expanding robotaxi services. Initially, these batteries will be produced in Japan, with plans to expand production to Panasonics Kansas plant in the US. This agreement comes amidst increasing competition in the autonomous ride-hailing sector and Zooxs recent entry into the market with free rides in San Francisco. Despite Panasonic Holdings revised profit outlook due to weaker energy unit earnings and lower projected automotive battery sales, this deal signifies a strategic move to secure future revenue streams. The collaboration between Panasonic Energy and Zoox highlights the ongoing innovation and strategic partnerships shaping the future of transportation.

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