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PANASONIC BATTERY UNIT
Panasonic's battery unit profit grows 47% y/y in Q1 on AI boomPanasonic's energy unit experienced a significant profit surge in Q1, driven by booming demand for data centre energy storage systems fuele...- Panasonic's battery unit sees Q3 profit rise on stronger North America salesThird-quarter operating profit was boosted by increased sales in North America and a better balance between raw materials and selling price...
- Panasonic shares surge as stake sale plan sparks restructuring hopesThe shares surged for a second session on Monday after posting their biggest one-day jump in half a year on the final day of last week on n...
- Panasonic cuts battery unit's profit outlook, warns on high-end EV salesThe company's less positive outlook for its battery segment follows similar warnings by several automakers and suppliers, as major economie...
- Tesla taps Biden tax credits to offset EV price cutsTesla CEO Elon Musk is ready to cut electric car prices again to drive sales if the economy swoons, and part of the reason is a bonanza fro...
- Tesla's Model 3 cheaper than Toyota's Camry in California with tax benefitsThe Biden administration on Tuesday confirmed that all Tesla Model 3 vehicles now qualify for $7,500 electric vehicle consumer tax credits ...
- Toyota Motor to invest $5.3 billion in Japan and US for EV battery supplyThe firm aims to begin battery production between 2024 and 2026 with an investment intended to augment battery production capacity in both ...
- Honda Motor, LG Energy to build EV battery plant in Ohio: ReportBattery makers are looking to increase production in the U.S. where a shift toward electric vehicles (EV) could increase as the country imp...
- Panasonic unveils prototype battery for TeslaThe company said it has no plan to make cheaper lithium iron phosphate (LFP) batteries for electric vehicles.
- Panasonic sells Tesla stake for $3.6 billion, may use cash for strategic investmentsPanasonic's battery business is dominated by Elon Musk's Tesla, but the two firms have had a tense relationship at times with executives tr...
- Panasonic plans refrigerator plant in IndiaPanasonic India and South Asia president Manish Sharma said the move is triggered by the huge market for refrigerators in India.
- Panasonic, US-based AES to install energy storage project in HaryanaPanasonic along with US-based sustainable energy provider AES would install a joint project of 10 MW energy storage array at Jhajjar, Harya...
- CCI approves Panasonic-GS Yuasa dealFair trade regulator CCI today approved acquisition of Panasonic's battery business by Japan's GS Yuasa Corp.
- Panasonic eyes Rs 10,000 crore sales in 2016-17Panasonic is looking at sales of up to Rs 10,000 crore in 2016-17 on robust mobile handset business, which is expected to contribute around...
- Minda Industries to ink 60:40 joint venture with PanasonicThe overall consumption of automotive batteries could be around 6.3 million units a year, with the OEM segment comprising 1.2-1.3 million u...
- Panasonic bets big on cellphones, battery biz to boost revenueJapanese electronics major Panasonic is betting big on mobile phones and battery business to reach USD 3.66 billion in revenue from India b...
- Panasonic boosts Sanyo, subsidiary holdingsPanasonic completed tender offers to raise its holdings in subsidiaries Sanyo and Panasonic Electric Works.
- Panasonic plans to buy out two arms for $9.4 bnPanasonoic is planning to take 100% ownership of its subsidiaries Sanyo Electric and Panasonic Electric Works in a move costing up to $9.4 ...
- Panasonic may merge group companies into single entityJapan’s Panasonic Corp is weighing the pros and cons of merging various group companies into a single entity in India.
- Panasonic to invest over Rs 850 cr in India in 3 yrsJapan-based Panasonic will invest over Rs 850 crore in the next three years in brand positioning and modernising its facilities, besides pl...
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