Panasonic Unsure About Committing To Tesla’s Gigafactory

By Nicholas Brown. Panasonic, a major manufacturer of batteries, is hesitant to join Tesla Motors’ ‘Gigafactory’ project, because it would raise investment risks, according to Panasonic’s CEO Kazuhiro Tsuga. “Our approach is to make investments step by step,” Tsuga said yesterday. “Elon plans to produce more affordable models besides Model S, and I understand his thinking…

GE Unveils Ecomagination R&D Centre In Masdar City

General Electric (GE) has revealed its Ecomagination research and development centre in the Incubator Building of Masdar City. It was inaugurated by His Excellency Dr. Sultan Al Jaber, UAE minister of state and CEO of Masdar. The Incubator Building is for housing small startup companies, small-and-medium-sized enterprises, and regional offices for multinational companies. Apart from GE,…