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...
30 Oct, 2023, 04.20 PM IST
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...
21 Jul, 2023, 04.57 PM IST
Panasonic expected to enter Indian market with battery manufacturing plantPanasonic is reportedly considering opening a battery manufacturing plant in India under the government's production-linked incentive (PLI)...
17 Jul, 2023, 12.05 PM IST
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 ...
06 Jun, 2023, 09.19 PM IST
Tesla taps Asian partners to address 4680 battery concernsThe electric-vehicle maker is recruiting Chinese and Korean materials suppliers to help lower the cost and boost the energy of its newest b...
10 Mar, 2023, 04.39 PM IST
Panasonic unveils prototype battery with five times the storage capacity for TeslaPanasonic this year established a test line in Japan to make the 4680 format battery cell that Tesla says will store more energy.
25 Oct, 2021, 05.20 PM IST
Panasonic unveils prototype battery for TeslaThe company said it has no plan to make cheaper lithium iron phosphate (LFP) batteries for electric vehicles.
25 Oct, 2021, 11.55 AM IST
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...
25 Jun, 2021, 10.55 AM IST
Panasonic nets $3.6 bn by selling entire stake in TeslaThe sale comes as the bicycles to hair dryers conglomerate is seeking to reduce its dependence on Tesla and raise cash for investing in gro...
25 Jun, 2021, 09.29 AM IST
Outgoing CEO says Panasonic must cut Tesla reliance as battery tie-up evolves: ReportThe Japanese conglomerate announced in November that Tsuga would step down in April after nine years at the helm and that Yuki Kusumi, the ...
14 Mar, 2021, 01.29 PM IST
Tesla CEO Elon Musk says open to supplying batteries to other automakersTesla has previously supplied batteries to Mercedes and Toyota Motor under separate partnership deals. Battery manufacturing is an area tha...
29 Jul, 2020, 10.29 AM IST
Panasonic poised to withdraw from solar cell production at Tesla's NY plantThe move would come as the Japanese electronics company scrambles to divest of unprofitable businesses as its strategic shift to components...
26 Feb, 2020, 04.24 PM IST
Cha-ching! Musk kickstarts new decade on a high, beats Amazon CEO Bezos with a $13.5 bn gainOn Monday, shares of the electric-vehicle maker surged 20% to a record $780.
04 Feb, 2020, 09.08 AM IST
Panasonic to set up 1 lakh charging sites for e-vehicles"Panasonic wants to be ready with a matching infrastructure to power the new-generation, cleaner vehicles,” Panasonic India president & CEO...
16 May, 2019, 10.38 AM IST
Tesla’s battery technology director leaves companyKurt Kelty, who joined Tesla in 2006, was one of the longest-serving executives at the automaker led by Chief Executive Officer Elon Musk.
02 Aug, 2017, 11.28 PM IST
Tesla's Gigafactory could change everything in Reno, NevadaCompanies such as Apple and Amazon have both recently opened facilities in Reno, Bloomberg reports.
25 Jun, 2015, 12.39 PM IST
- Panasonic invests $30 million in Tesla
Panasonic, Japan's biggest home appliance maker, said it will acquire about a 2 percent stake in Tesla. Panasonic said the two firms will j...
04 Nov, 2010, 07.34 AM IST