Mazda Expands EV Strategy with New Battery Plant

Mazda Motor Corporation has announced the construction of a new battery manufacturing facility in Iwakuni City, Japan, in partnership with Panasonic Energy, to produce lithium-ion battery modules and packs with an annual capacity of 10 GWh. This facility will supply batteries for Mazda's first dedicated electric vehicle (EV), set to debut in 2027, as part of its broader strategy to expand its EV lineup while maintaining internal combustion engine options. The first model, a crossover EV, will be built on a dedicated platform and promises advanced design and extended driving ranges. Despite Mazda's gradual approach to electrification, the company plans additional fully electric models in collaboration with China's Changan Automobile, including the Mazda EZ-6 and potential new SUVs. Mazda's approach reflects its commitment to offering a range of powertrain options, including hybrids and EVs, to meet diverse consumer needs. The collaboration with Panasonic and the new plant underscore the growing importance of lithium-ion batteries in the automotive industry amid increasing global demand for sustainable energy solutions.