Panasonic aims to develop groundbreaking EV battery in about two years

Sept 18 (Reuters) - Panasonic (6752.T), opens new tab aims to develop a new type of higher-capacity battery in about two years, potentially extending the driving range of electric vehicles in a groundbreaking advance for the Tesla (TSLA.O), opens new tab supplier.

The Japanese company is working on eliminating the anode in batteries during the manufacturing stage to increase energy density through technology it says is likely to provide a "world-leading level" of capacity by the end of 2027.