{"slug":"panasonic-energy","name":"파나소닉 에너지","name_en":"Panasonic Energy","ticker":"6752.T","updated_at":"2026-07-12T04:15:03.162+00:00","canonical":"https://valuechain.wiki/panasonic-energy","same_as":["https://finance.yahoo.com/quote/6752.T"],"citable":"밸류체인 그래프 기준 파나소닉 에너지의 직접 연결 기업은 6곳(관계 기준 공급 4·매출 2)이고, 사슬을 2차까지 넓히면 8곳에 닿는다. 링크의 근거 출처는 19건이며 그중 1차공시가 4건이다 (valuechain.wiki, 2026-07-12 기준).","citable_en":"Per the valuechain.wiki graph, Panasonic Energy is directly linked to 6 companies (4 supply, 2 revenue relationships) and reaches 8 companies within two hops; the links are backed by 19 dated sources, 4 of them primary filings (as of 2026-07-12).","kicker":"닛케이 · EV 배터리 · 테슬라 원통형 셀(2170·4680)","kicker_en":"Nikkei · EV batteries · Tesla cylindrical cells (2170/4680)","lead":"파나소닉 에너지는 상장사 파나소닉 홀딩스(6752.T)의 배터리 자회사로, 테슬라에 원통형 EV 배터리 셀을 공급하는 핵심 파트너다. 2025 회계연도(2025년 3월 종료) 에너지 부문 매출은 8,732억 엔이었다. 미국 네바다 공장(약 41GWh)과 2025년 양산을 시작한 캔자스 디소토 공장을 중심으로 북미 생산을 확대하고 있다.","lead_en":"Panasonic Energy is the battery subsidiary of listed Panasonic Holdings (6752.T) and Tesla's key partner for cylindrical EV battery cells. Its Energy segment posted ¥873.2 billion in revenue for fiscal 2025 (ended March 2025). It is expanding North American output around its Nevada plant (~41 GWh) and the De Soto, Kansas plant, which began mass production in 2025.","segments":{"parts":[{"desc":"테슬라 모델3/Y용 2170 원통형 셀이 주력(네바다 41GWh, 캔자스). 루시드·마쓰다로 고객 다변화, 차세대 4680 준비.","name":"차량용 배터리 (원통형 2170·4680)"},{"desc":"ESS·건전지 등 산업·소비자 전지 — 차량용을 보완하는 매출축.","name":"산업·소비자용 (ESS·건전지)"}],"total":"FY2025 에너지 부문 매출 ¥8,732억 (그룹 연결 ¥8.46조)","concentration":"테슬라 의존도 높음(비중 비공개)"},"segments_en":{"parts":[{"desc":"Cylindrical 2170 cells for Tesla Model 3/Y are the core (Nevada 41GWh, Kansas); diversifying to Lucid/Mazda, preparing next-gen 4680.","name":"In-vehicle (cylindrical 2170 / 4680)"},{"desc":"ESS and consumer cells — the industrial/consumer axis complementing automotive.","name":"Industrial/consumer (ESS, consumer cells)"}],"total":"FY2025 Energy segment ¥873.2bn (group consol. ¥8.46tn)","concentration":"High Tesla dependence (share undisclosed)"},"returns_yearly":{"2021":-5.7,"2022":-1.6,"2023":20.1,"2024":16.6,"2025":36.2,"2026":113.2},"return_asof":"2026-07-10","value_chain":{"leading":[{"slug":"mazda-motor","name":"마쓰다","name_en":"Mazda Motor","tier":1,"returns_yearly":{"2021":18.8,"2022":22.8,"2023":81.1,"2024":-39,"2025":17.3,"2026":-3.2}},{"slug":"tesla","name":"Tesla","name_en":"Tesla","tier":1,"returns_yearly":{"2021":49.8,"2022":-65,"2023":101.7,"2024":62.5,"2025":11.4,"2026":-9.3}}],"benefiting":[{"slug":"yunnan-energy","name":"Yunnan Energy (Enjie)","name_en":"Yunnan Energy New Material (SEMCORP)","tier":1,"returns_yearly":{"2021":92.8,"2022":-38.6,"2023":-72.6,"2024":-29.2,"2025":76.4,"2026":7.5}},{"slug":"lg-chem","name":"LG화학","name_en":"LG Chem","tier":1,"returns_yearly":{"2021":-29,"2022":9.7,"2023":-36.6,"2024":-45.3,"2025":31.2,"2026":-14.4}},{"slug":"sumitomo-metal-mining","name":"스미토모금속광산","name_en":"Sumitomo Metal Mining","tier":1,"returns_yearly":{"2021":20.5,"2022":5.4,"2023":-19.4,"2024":-10.2,"2025":168.7,"2026":-20.9}},{"slug":"btr-new-material","name":"BTR New Material","name_en":"BTR New Material Group Co., Ltd","tier":1,"returns_yearly":null},{"slug":"lg-energy-solution","name":"LG에너지솔루션","name_en":"LG Energy Solution","tier":2,"returns_yearly":{"2023":-26.9,"2024":-7.6,"2025":13.1,"2026":-18.1}},{"slug":"cosmo-advanced-materials-technology","name":"코스모신소재","name_en":"Cosmo Advanced Materials & Technology","tier":2,"returns_yearly":{"2021":121.4,"2022":48.7,"2023":128.9,"2024":-60.4,"2025":-3.4,"2026":-22.5}},{"slug":"ls-electric","name":"LS일렉트릭","name_en":"LS ELECTRIC","tier":3,"returns_yearly":{"2021":-19.2,"2022":11.4,"2023":37.4,"2024":234.2,"2025":145,"2026":79.6}},{"slug":"dai-nippon-printing","name":"다이닛폰인쇄","name_en":"Dai Nippon Printing","tier":3,"returns_yearly":{"2021":56.5,"2022":13.9,"2023":42.6,"2024":8.5,"2025":22.5,"2026":15.3}},{"slug":"daejoo-electronic","name":"대주전자재료","name_en":"Daejoo Electronic Materials","tier":3,"returns_yearly":{"2021":98.4,"2022":-2.3,"2023":-19.4,"2024":48.5,"2025":-25.9,"2026":7.7}},{"slug":"sqm","name":"SQM","name_en":"Sociedad Química y Minera de Chile S.A.","tier":3,"returns_yearly":{"2021":6.8,"2022":71.8,"2023":-18.3,"2024":-39.4,"2025":89.2,"2026":7.6}},{"slug":"umicore","name":"유미코아","name_en":"Umicore","tier":3,"returns_yearly":{"2021":-27.5,"2022":5.9,"2023":-37.1,"2024":-51.4,"2025":111.6,"2026":2.4}},{"slug":"lotte-energy-materials","name":"롯데에너지머티리얼즈","name_en":"Lotte Energy Materials","tier":3,"returns_yearly":{"2021":31.5,"2022":-32.9,"2023":-49.3,"2024":-30,"2025":75.8,"2026":-8.4}},{"slug":"albemarle","name":"Albemarle","name_en":"Albemarle","tier":3,"returns_yearly":{"2021":59.8,"2022":-6.6,"2023":-32.8,"2024":-39.5,"2025":67.7,"2026":-10.4}},{"slug":"skc","name":"SKC","name_en":"SKC","tier":3,"returns_yearly":{"2021":18.1,"2022":-31.9,"2023":-19.7,"2024":104.3,"2025":-25.4,"2026":-19.2}},{"slug":"landf","name":"엘앤에프","name_en":"L&F","tier":3,"returns_yearly":{"2021":139.2,"2022":22.4,"2023":-30.3,"2024":-38.6,"2025":43.4,"2026":-20.4}},{"slug":"ganfeng","name":"Ganfeng Lithium","name_en":"Ganfeng Lithium","tier":3,"returns_yearly":{"2021":12,"2022":-17.4,"2023":-56.1,"2024":0.1,"2025":108.3,"2026":-21.8}},{"slug":"posco-future-m","name":"포스코퓨처엠","name_en":"POSCO Future M","tier":3,"returns_yearly":{"2021":-17.7,"2022":97.6,"2023":16.3,"2024":-43.6,"2025":56.5,"2026":-32}},{"slug":"advanced-nano-products","name":"나노신소재","name_en":"Advanced Nano Products","tier":3,"returns_yearly":{"2021":56.8,"2022":66.4,"2023":13.9,"2024":-30.9,"2025":5.5,"2026":-32.8}},{"slug":"chunbo","name":"천보","name_en":"Chunbo","tier":3,"returns_yearly":{"2021":40.4,"2022":-7.3,"2023":-65,"2024":-55.6,"2025":59.1,"2026":-37.6}},{"slug":"pnt","name":"피엔티","name_en":"PNT (People & Technology)","tier":3,"returns_yearly":{"2021":62.2,"2022":11.6,"2023":-17.8,"2024":12.2,"2025":31.1,"2026":-39.8}},{"slug":"enchem","name":"엔켐","name_en":"Enchem","tier":3,"returns_yearly":{"2022":-37.4,"2023":173.9,"2024":-20.5,"2025":-26.1,"2026":-76.7}}],"analysis":"투자 논점은 테슬라 앵커 고객 의존을 북미 현지화·고객 다변화로 풀어가는 원통형 셀 1세대 강자라는 구조다. 네바다(연 41GWh)에서 테슬라 모델3/Y용 2170 셀을, 캔자스 디소토(2025 양산)에서도 2170을 만들며 와카야마에서 차세대 4680을 준비하는데, 여기에 루시드·마쓰다·토요타(PPES JV 49%)로 고객을 넓혀 테슬라 편중을 낮춘다. 공급망은 NCA 양극재를 스미토모금속광산(세계 1위, 파나소닉이 최대 고객)에, 음극·분리막을 BTR·언제구펀에, 리튬을 LG화학(미국향 3.76조원 계약)·ioneer에 의존하는 수직 사슬로, 소재 조달 현지화가 IRA 대응의 관건이다. 위험은 테슬라 판매·4680 램프 속도에 실적이 크게 연동되고, EV 수요 둔화·리튬 가격 사이클이 셀 마진을 누른다는 점이다.","analysis_en":"The thesis is a first-generation cylindrical-cell leader working to unwind Tesla-anchor dependence through North American localization and customer diversification. It makes 2170 cells for Tesla Model 3/Y at Nevada (41GWh/yr) and De Soto, Kansas (mass production 2025) while preparing next-gen 4680 at Wakayama, and broadens customers to Lucid, Mazda and Toyota (PPES JV, 49%) to reduce Tesla concentration. Its supply chain is vertical — NCA cathode from Sumitomo Metal Mining (world No.1, with Panasonic its largest customer), anode/separator from BTR and Enjie, lithium from LG Chem (a ₩3.76T US-bound contract) and ioneer — so localizing material sourcing is the key to IRA compliance. Risks are heavy linkage to Tesla sales and the 4680 ramp, and cell margins pressed by an EV-demand slowdown and the lithium price cycle.","analysis_asof":"2026-07-10"},"edges":[{"direction":"cost","counterparty":"Sumitomo Metal Mining","counterparty_slug":"sumitomo-metal-mining","confidence":"high","metric":{"type":"capacity","unit":"tonnes","as_of":"2022-11-17","basis":"NCA 양극재 생산능력 증설","value":60000,"period":"→120k(2028)→180k(2031)","basis_en":"NCA cathode capacity expansion"},"note":"파나소닉 셀의 NCA 양극재 핵심 공급사이자 NCA 세계 1위. 파나소닉이 최대 고객이며 테슬라향 셀에 대부분 사용. 니이하마 공장 6만톤→12만톤(2028)→18만톤(2031) 증설.","note_en":"Key NCA cathode supplier and global NCA leader; Panasonic is its largest customer and most material goes into Tesla cells. Expanding Niihama from 60kt to 120kt (2028) to 180kt (2031).","sources":[{"stance":"confirms","publisher":"마이닝닷컴","publisher_en":"MINING.COM","kind":"news","lang":"en","published_at":"2022-11-17","url":"https://www.mining.com/web/sumitomo-metal-aims-to-boost-battery-materials-output/","title":"스미토모금속광산, 배터리 소재 증산 추진","title_en":"Sumitomo Metal aims to boost battery materials output","excerpt":"supplies the nickel-cobalt-aluminum (NCA) cathode materials for the Panasonic lithium-ion batteries used in Tesla EVs","excerpt_en":"supplies the nickel-cobalt-aluminum (NCA) cathode materials for the Panasonic lithium-ion batteries used in Tesla EVs"},{"stance":"confirms","publisher":"도요케이자이","publisher_en":"Toyo Keizai","kind":"news","lang":"ja","published_at":"2022-06-01","url":"https://toyokeizai.net/articles/-/575838","title":"스미토모금속광산, 정극재 세계 2위의 비결","title_en":"How Sumitomo Metal Mining stays competitive in battery cathodes","excerpt":"住友鉱山にとって電池材料の最大の供給先はパナソニックで ... 大半を供給","excerpt_en":"Panasonic is Sumitomo Metal Mining's largest battery-material customer; it supplies most of the material for Panasonic's Tesla cells"}]},{"direction":"cost","counterparty":"H&T Recharge","counterparty_slug":null,"confidence":"high","metric":{"type":"investment","unit":"USD million","as_of":"2024-02-27","basis":"H&T 디소토 투자(캔 라인 4기)","value":110,"period":"2024~","basis_en":"H&T De Soto investment (4 can lines)"},"note":"2024년 H&T와 캔자스 공장용 원통형 배터리 캔 장기 공급계약. H&T는 디소토에 1.1억 달러 투자·자동화 캔 라인 4기 설치.","note_en":"2024 long-term agreement with H&T for cylindrical battery cans at the Kansas plant; H&T invests $110M in De Soto with four automated can lines.","sources":[{"stance":"confirms","publisher":"캔자스 상무부","publisher_en":"Kansas Department of Commerce","kind":"news","lang":"en","published_at":"2024-03-01","url":"https://www.kansascommerce.gov/2024/03/governor-kelly-announces-ht-recharge-investing-110m-creating-180-jobs-as-new-panasonic-supplier/","title":"캔자스 주정부, H&T 리차지 1.1억 달러 투자 발표","title_en":"Governor Kelly Announces H&T Recharge Investing $110M as New Panasonic Supplier","excerpt":"H&T Recharge Investing $110M, Creating 180 Jobs as New Panasonic Supplier","excerpt_en":"H&T Recharge Investing $110M, Creating 180 Jobs as New Panasonic Supplier"},{"stance":"confirms","publisher":"파나소닉","publisher_en":"Panasonic","kind":"ir","lang":"en","published_at":"2024-02-27","url":"https://news.panasonic.com/global/press/en240227-2","title":"파나소닉 에너지, H&T와 원통형 캔 공급 합의","title_en":"Panasonic Energy Signs Agreement with H&T for Cylindrical Battery Cans","excerpt":"Supply of Lithium-ion EV Battery Cylindrical Cans","excerpt_en":"Supply of Lithium-ion EV Battery Cylindrical Cans"}]},{"direction":"revenue","counterparty":"Toyota·Subaru (PPES JV)","counterparty_slug":null,"confidence":"high","metric":{"type":"ownership","unit":"%","as_of":"2020-04-01","basis":"PPES 파나소닉 지분","value":49,"period":"2020~","basis_en":"Panasonic stake in PPES"},"note":"토요타 51%·파나소닉 49% 합작사 PPES가 각형 차량용 배터리를 토요타 bZ4X·렉서스 RZ, 스바루 솔테라에 공급. 지분법 관계.","note_en":"JV PPES (Toyota 51% / Panasonic 49%) makes prismatic automotive cells for Toyota bZ4X, Lexus RZ and Subaru Solterra; an equity-JV relationship.","sources":[{"stance":"confirms","publisher":"프라임 플래닛 에너지&솔루션즈","publisher_en":"Prime Planet Energy & Solutions","kind":"ir","lang":"en","published_at":"2025-10-09","url":"https://www.p2enesol.com/en/news/20251009/","title":"PPES, 히메지 공장 신형 BEV 배터리 양산 개시","title_en":"Prime Planet Energy & Solutions Begins Mass Production of New BEV Battery at Himeji","excerpt":"Begins Mass Production of New BEV Battery at Himeji Plant","excerpt_en":"Begins Mass Production of New BEV Battery at Himeji Plant"},{"stance":"confirms","publisher":"토요타","publisher_en":"Toyota Motor Corporation","kind":"ir","lang":"en","published_at":"2020-02-03","url":"https://global.toyota/en/newsroom/corporate/31477926.html","title":"토요타·파나소닉, 차량용 각형 배터리 합작사 설립","title_en":"Toyota and Panasonic Establish Joint Venture for Automotive Prismatic Batteries","excerpt":"Joint Venture Specializing in Automotive Prismatic Batteries","excerpt_en":"Joint Venture Specializing in Automotive Prismatic Batteries"}]},{"direction":"revenue","counterparty":"Tesla","counterparty_slug":"tesla","confidence":"high","metric":{"type":"capacity","unit":"GWh","as_of":"2025-07-14","basis":"네바다 2170 셀 생산능력","value":41,"period":"네바다","basis_en":"Nevada 2170 cell capacity"},"note":"앵커 고객. 네바다 기가팩토리(연 약 41GWh)에서 2170 원통형 셀을 모델 3/Y에 공급하고, 와카야마에서 차세대 4680 양산 준비. 캔자스 공장도 2170 양산. 테슬라 매출 비중은 비공개.","note_en":"Anchor customer. Makes 2170 cells at Gigafactory Nevada (~41 GWh) for Tesla Model 3/Y, preparing 4680 at Wakayama; Kansas plant also makes 2170. Tesla revenue share undisclosed.","sources":[{"stance":"confirms","publisher":"파나소닉 노스아메리카","publisher_en":"Panasonic North America","kind":"ir","lang":"en","published_at":"2025-07-14","url":"https://na.panasonic.com/news/panasonic-energy-begins-mass-production-at-new-automotive-lithium-ion-battery-factory-in-kansas-aiming-for-annual-capacity-of-32-gwh-to-accelerate-us-local-production","title":"파나소닉 에너지, 캔자스 신공장 양산 개시 — 연 32GWh 목표","title_en":"Panasonic Energy Begins Mass Production at New Kansas Battery Factory, ~32 GWh","excerpt":"the Nevada Factory, which has been operating since 2017 with the current annual capacity of approximately 41 GWh","excerpt_en":"the Nevada Factory, which has been operating since 2017 with the current annual capacity of approximately 41 GWh"},{"stance":"confirms","publisher":"파나소닉 홀딩스","publisher_en":"Panasonic Holdings","kind":"filing","lang":"en","published_at":"2025-05-09","url":"https://news.panasonic.com/global/press/en250509-4","title":"파나소닉 홀딩스 FY2025 실적 — 에너지 부문 8,732억엔","title_en":"Panasonic Holdings FY2025 results — Energy segment ¥873.2bn","excerpt":"Sales decreased by 5% to 873.2 billion yen from a year ago","excerpt_en":"Sales decreased by 5% to 873.2 billion yen from a year ago"}]},{"direction":"revenue","counterparty":"Lucid Group","counterparty_slug":null,"confidence":"high","metric":{"basis":"풀라인업 공급, 금액 비공개","basis_en":"full line-up supply, value undisclosed","qualifier":"confirmed_no_disclosed_value"},"note":"다년 공급계약으로 루시드 에어·그래비티 SUV에 배터리 공급. 그래비티는 파나소닉 최신 세대 2170 셀 사용.","note_en":"Multi-year supply for Lucid Air and the Gravity SUV; Gravity uses Panasonic's latest-generation 2170 cells.","sources":[{"stance":"confirms","publisher":"일렉트라이브","publisher_en":"electrive","kind":"news","lang":"en","published_at":"2025-01-08","url":"https://www.electrive.com/2025/01/08/lucid-gravity-uses-2170-cells-from-panasonic/","title":"루시드 그래비티, 파나소닉 2170 셀 채택","title_en":"Lucid Gravity uses 2170 cells from Panasonic","excerpt":"Lucid uses the latest generation of 2170 battery cells from Panasonic Energy","excerpt_en":"Lucid uses the latest generation of 2170 battery cells from Panasonic Energy"},{"stance":"confirms","publisher":"파나소닉 노스아메리카","publisher_en":"Panasonic North America","kind":"ir","lang":"en","published_at":"2022-12-13","url":"https://na.panasonic.com/news/panasonic-energy-and-lucid-group-announce-agreement-to-supply-lithium-ion-batteries-for-lucid-air-luxury-evs","title":"파나소닉 에너지·루시드, 리튬이온 배터리 공급 합의","title_en":"Panasonic Energy and Lucid Group Announce Agreement to Supply Batteries for Lucid Air","excerpt":"agreed to supply batteries for Lucid full vehicle line-up, including the Lucid Air and upcoming Gravity SUV","excerpt_en":"agreed to supply batteries for Lucid full vehicle line-up, including the Lucid Air and upcoming Gravity SUV"}]},{"direction":"revenue","counterparty":"Mazda","counterparty_slug":"mazda-motor","confidence":"high","metric":{"basis":"원통형 셀 공급 합의","basis_en":"cylindrical cell supply agreement","qualifier":"confirmed_no_disclosed_value"},"note":"2024년 원통형 차량용 리튬이온 배터리 공급 합의. 일본·북미 공장에서 생산해 2020년대 후반 출시 BEV에 탑재.","note_en":"2024 agreement for cylindrical automotive Li-ion cells, made in Japan and North America for Mazda BEVs launching late this decade.","sources":[{"stance":"confirms","publisher":"파나소닉","publisher_en":"Panasonic","kind":"ir","lang":"en","published_at":"2024-03-29","url":"https://news.panasonic.com/global/press/en240329-2","title":"마쓰다·파나소닉 에너지, 원통형 차량용 배터리 공급 합의","title_en":"Mazda and Panasonic Energy Enter Agreement Towards Supply of Cylindrical Automotive Batteries","excerpt":"supply of cylindrical automotive lithium-ion batteries","excerpt_en":"supply of cylindrical automotive lithium-ion batteries"},{"stance":"confirms","publisher":"마쓰다·파나소닉 에너지","publisher_en":"Mazda / Panasonic Energy","kind":"filing","lang":"en","published_at":"2024-03-29","url":"https://newsroom.mazda.com/en/publicity/release/2024/202403/240329a.html","title":"마쓰다·파나소닉 에너지, 원통형 차량용 리튬이온전지 공급 합의","title_en":"Mazda and Panasonic Energy Enter Agreement Towards Supply of Cylindrical Automotive Lithium-ion Batteries","excerpt":"Enter Agreement Towards Supply of Cylindrical Automotive Lithium-ion Batteries","excerpt_en":"Enter Agreement Towards Supply of Cylindrical Automotive Lithium-ion Batteries"}]},{"direction":"cost","counterparty":"Nouveau Monde Graphite","counterparty_slug":null,"confidence":"high","metric":{"basis":"음극활물질 오프테이크 MOU","basis_en":"anode active material offtake MOU","qualifier":"confirmed_no_disclosed_value"},"note":"2022년 캐나다 NMG와 음극활물질(흑연) 오프테이크 MOU 체결. 북미 공급망 현지화의 일환.","note_en":"Signed an anode active material (graphite) offtake MOU with Canada's NMG in 2022, part of North American localization.","sources":[{"stance":"confirms","publisher":"파나소닉","publisher_en":"Panasonic","kind":"ir","lang":"en","published_at":"2022-10-20","url":"https://news.panasonic.com/global/press/en221020-5","title":"파나소닉 에너지, 캐나다 NMG와 음극활물질 오프테이크 MOU","title_en":"Panasonic Energy Signs MOU with Canada NMG on Anode Active Materials","excerpt":"Procurement of Anode Active Materials for EV Lithium-Ion Batteries","excerpt_en":"Procurement of Anode Active Materials for EV Lithium-Ion Batteries"}]},{"direction":"cost","counterparty":"LG화학 (양극재)","counterparty_slug":"lg-chem","confidence":"mid","metric":{"type":"contract","unit":"KRW","as_of":"2025-11","value":3761948654400,"period":"양극재 매입"},"note":"미국향 EV 양극재 3.76조원 공급계약(2025.11~2029.07). 공시상 상대방 비밀유보이나 매체는 파나소닉으로 지목.","note_en":"₩3.76T US-bound EV cathode supply contract (Nov 2025–Jul 2029); counterparty withheld in filing, identified as Panasonic by media.","sources":[{"stance":"confirms","publisher":"The Korea Economic Daily (KED Global)","publisher_en":"The Korea Economic Daily (KED Global)","kind":"news","lang":"en","published_at":"2025-11-14","url":"https://www.kedglobal.com/batteries/newsView/ked202511140002","title":"LG Chem wins $2.6 billion cathode deal with US client","title_en":"LG Chem wins $2.6 billion cathode deal with US client","excerpt":"소식통은 LG화학의 미국향 3.76조원 양극재 계약 상대방을 파나소닉으로 지목.","excerpt_en":"Sources identified Panasonic as the buyer in LG Chem's ₩3.76T US cathode contract."},{"stance":"confirms","publisher":"디일렉","publisher_en":"THE ELEC","kind":"news","lang":"ko","published_at":"2025-11-14","url":"https://www.thelec.kr/news/articleView.html?idxno=43845","title":"LG화학, 3.8조 배터리 소재 테슬라 공급","title_en":"LG Chem's KRW 3.8tn battery materials for Tesla","excerpt":"파나소닉이 LG화학 양극재로 네바다서 테슬라 셀 생산.","excerpt_en":"Panasonic makes Tesla cells with LG Chem cathodes."},{"stance":"confirms","publisher":"금융감독원 전자공시(DART)","publisher_en":"DART (FSS)","kind":"filing","lang":"ko","published_at":"2025-11-13","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20251113800665","title":"LG화학 단일판매·공급계약 체결 (EV용 양극재 중장기 공급)","title_en":"LG Chem Single Supply Contract Disclosure (long-term EV cathode)","excerpt":"EV용 양극재 중장기 공급계약, 계약금액 3,761,948,654,400원, 지역 미국, 2025-11-15~2029-07-31, 상대방 비밀유보.","excerpt_en":"Long-term EV cathode supply contract; ₩3,761,948,654,400; region United States; 2025-11-15 to 2029-07-31; counterparty withheld."}]},{"direction":"cost","counterparty":"Frontier Lithium / ioneer","counterparty_slug":null,"confidence":"mid","metric":{"type":"volume","unit":"tonnes/yr","as_of":"2026-03-01","basis":"ioneer-PPES 탄산리튬 오프테이크","value":4000,"period":"5년","basis_en":"ioneer-PPES lithium carbonate offtake"},"note":"2026년 파나소닉·미쓰비시상사·프론티어리튬 MOU(수산화리튬 오프테이크 협상). 토요타·파나소닉 JV(PPES)는 ioneer와 네바다 탄산리튬 연 4,000톤·5년 오프테이크.","note_en":"2026 MOU with Mitsubishi Corp and Frontier Lithium (lithium-hydroxide offtake talks). The Toyota-Panasonic JV (PPES) holds a 4,000 tpa, 5-yr lithium carbonate offtake with ioneer.","sources":[{"stance":"confirms","publisher":"뉴스와이어","publisher_en":"Newswire","kind":"ir","lang":"en","published_at":"2026-03-01","url":"https://www.newswire.ca/news-releases/frontier-lithium-signs-memorandum-of-understanding-with-panasonic-energy-to-advance-north-american-battery-supply-chain-820790338.html","title":"프론티어리튬, 파나소닉 에너지와 북미 배터리 공급망 MOU","title_en":"Frontier Lithium Signs MOU with Panasonic Energy to Advance North American Battery Supply Chain","excerpt":"Panasonic Energy expressed interest in procuring lithium hydroxide from the PAK Lithium Project","excerpt_en":"Panasonic Energy expressed interest in procuring lithium hydroxide from the PAK Lithium Project"}]},{"direction":"cost","counterparty":"BTR New Material","counterparty_slug":"btr-new-material","confidence":"mid","metric":null,"note":"파나소닉 에너지는 음극재 세계 1위 BTR신소재로부터 음극재를 조달한다.","note_en":"Panasonic Energy sources anode material from BTR New Material, the world's top anode maker.","sources":[{"stance":"confirms","publisher":"BTR신소재","publisher_en":"BTR New Material","kind":"ir","lang":"en","published_at":"2024-08-07","url":"https://www.btrchina.com/en/News/info.aspx?itemid=1243","title":"BTR, 음극재 세계 1위","title_en":"BTR, the world's leading anode materials manufacturer","excerpt":"BTR는 파나소닉을 포함한 주요 리튬이온전지 업체에 음극재를 공급한다고 밝힌다.","excerpt_en":"BTR states it supplies anode materials to major lithium-ion battery makers including Panasonic."}]},{"direction":"cost","counterparty":"Yunnan Energy (Enjie)","counterparty_slug":"yunnan-energy","confidence":"mid","metric":null,"note":"파나소닉은 언제구펀 습식 분리막을 조달하는 해외 배터리 고객이다.","note_en":"Panasonic is an overseas battery customer that sources Enjie's wet-process separators.","sources":[{"stance":"confirms","publisher":"언제구펀 2024 연차보고서(영문)","publisher_en":"Yunnan Energy New Material FY2024 Annual Report (English)","kind":"filing","lang":"en","published_at":"2025-06-10","url":"https://www.semcorp.com/Public/Uploads/uploadfile/files/20250610/enjiegufen2024nianniandubaogaoyingwenban.pdf","title":"2024 Annual Report of Yunnan Energy New Material Co., Ltd.","title_en":"2024 Annual Report of Yunnan Energy New Material Co., Ltd.","excerpt":"회사가 파나소닉을 포함한 해외 리튬전지 대형 제조사의 공급망에 진입했다고 밝힌다.","excerpt_en":"States the Company has entered the supply chains of overseas lithium-battery giants including Panasonic."}]}]}