OSAKA, Japan, Aug 24, 2011 (BUSINESS WIRE) – Panasonic Corporation PC -0.12% (tokyo:6752)(“Panasonic”) today announced its sponsorship of Tokai University’s solar car team, the defending champion for the 2011 World Solar Challenge (WSC) in Australia, one of the largest solar-powered car races in the world. Under the sponsorship agreement, Panasonic will supply the Japanese university team with its HIT®*1 solar cells boasting the world’s highest level*2 of energy conversion rate, as well as high-capacity lithium-ion batteries.
The solar car race, first held in 1987, sees many teams from universities, corporations and other groups around the world competing to race 3,021 km through central Australia from Darwin in the north to Adelaide in the south. The Tokai University team, who won the last race held in 2009 with its solar car using Panasonic lithium-ion battery cells to store its solar generated power, will look for its second straight win at 2011 WSC, which will be held from October 16 to 23.
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