PanasonIc/Sanyo merger to result in cheaper e-bike batteries? - BikeBiz

PanasonIc/Sanyo merger to result in cheaper e-bike batteries?

Japanese firms both manufacture lithium ion cells - could this merger see prices decline?
Author:
Publish date:
378_Picture 1.jpg

Panasonic has finally secured a majority stake in Sanyo Electric following a long and rocky road in negotiations.

The $4.6 billion investment is part of Panasonic's ambition to become the leading provider for batteries of fuel efficient cars and offshoot business, such as the production of lithium ion batteries suited to electric bikes.

Both Panasonic and Sanyo have been long-term investors in developing battery technology and both manufacture batteries for electric bikes.

Given the scale of the merger, it has now been speculated on Bike Europe that prices of Lithium Ion cells may fall - something that would impact the cost of electric bikes greatly.

With the companies now sharing their knowledge, there's also possiblility for the two to develop more efficient product, that will ultimately give the e-bike greater range per charge.

Featured Jobs

the cycle hub

Workshop Manager

The Cycle Hub I Dubai, United Arab Emirates I Competitive Package & Bonus I Date Published Monday 10th September 2018

Specialized_Logo_Red promo

Rider Care Representative

Specialized UK Ltd I Chessington, Surrey I Salary: Competitive DOE I Date Published Monday 3rd September 2018