Scan the QR code with wechat < / P > < p > to share with friends and circle of friends_ blank" href=" https://news.163.com/news/search?keyword=%E6%9D%BE%E4%B8%8B "> Matsushita < / a > Chief Executive Tsuga Yihong said that the company plans to produce other brands < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E7%94%B5%E5%8A%A8%E6%B1%BD%E8%BD%A6 "> electric vehicle < / a > GM's < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E7%94%B5%E6%B1%A0 "> battery < / a >, to reduce the impact on < a target ="_ blank" href=" https://news.163.com/news/search?keyword=%E7%89%B9%E6%96%AF%E6%8B%89 "> Tesla < / a > is heavily dependent. < / P > < p > photo: Matsushita's outgoing chief executive, Yihong Tsuga, made the above remarks at the same time that Tesla has begun to develop batteries independently and expand its purchasing partners to LG Chemical in South Korea and Ningde era in China to support the growth of its electric vehicle sales. "At some point, we need to get rid of the one leg approach of relying solely on Tesla," he said in an interview. We are entering a different stage and need to pay close attention to the supply situation of manufacturers other than Tesla. " < / P > < p > after nine years as chief executive of Panasonic, Tsuga Yihong will step down on April 1 and transfer to the post of chairman. < / P > < p > Panasonic made its first investment in Tesla in 2010, but it was under the leadership of Tsuga Yihong that Panasonic decided to shift its focus to the automotive business. At that time, Panasonic shut down plasma display panels and other loss making consumer businesses, and jointly invested $5 billion with Tesla to build a giant battery factory in Nevada. < / P > < p > since the two companies signed the agreement in 2014, Panasonic has spent more than $2 billion on their battery manufacturing joint venture. Panasonic expects its investment in Tesla's battery business to turn a full year profit for the first time by the end of this fiscal year in March, and its efforts have finally paid off. < / P > < p > in some ways, Panasonic is no longer the only battery supplier of Tesla, which proves that the latter has developed from a cash strapped company with years of losses to the world's top auto manufacturer with a market value of US $665 billion, more than 22 times that of Panasonic itself. < / P > < p > Panasonic is currently developing new batteries with larger specifications because < a target = "_ blank" href=" https://news.163.com/news/search?keyword=%E9%A9%AC%E6%96%AF%E5%85%8B "> musk < / a > revealed his ambition to halve Tesla's battery costs in a few years. But Tsuga said the company will also need to make batteries that are not only used in Tesla electric cars. < / P > < p > Panasonic has established a battery partnership with Toyota after supplying batteries to European automakers including Volkswagen. But Panasonic's cylindrical lithium-ion battery for Tesla requires sophisticated temperature management skills to prevent the battery from catching fire and make it last longer. < / P > < p > Tsuga Yihong said: "we now need to make batteries that are easy for other car manufacturers to use. But it's very difficult to sell at the moment, unless other companies can use the cylindrical batteries we make for Tesla. " < / P > < p > for Tsuga Yihong, working with Tesla is part of his efforts to change the introverted corporate culture of the Japanese conglomerate and one of the main reasons for his high-profile recruitment of executives from Microsoft and Google. < / P > < p > in the two years to March 2013, Panasonic accumulated losses of nearly $15 billion. In his nine years as chief executive, Mr. Tsuga spent most of his time filling these losses and shifting the company to higher margin businesses. < / P > < p > according to two people familiar with the matter, Panasonic's balance sheet has returned to balance and the group is currently negotiating a multi billion dollar acquisition of blue yonder, a US supply chain software provider. "When I tried to turn to high growth areas such as automobiles, I realized that other businesses could not establish growth strategies and losses were constantly appearing everywhere," he said < / P > < p > in order to break this spiral decline, he announced that he plans to transform the group into a holding company structure, led by Nan Jianxiong, the new CEO and current head of auto business. He said the move would allow for quick decision-making and more discipline to ensure that each department's financial goals are met. He suggested that businesses that failed could be listed for sale. < / P > < p > Tsuga Yihong said: "because Panasonic is a large-scale company, people think that even if the future prospects of their current department are worrying, they can still stay by transferring to other departments. We have to make sure that there is no such way back. " (small) < / P > < p >