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...The geopolitical challenges have emerged as Kusumi is trying to take Panasonic to its next phase of growth....
...Panasonic’s battery plants include two in the US and one in Mexico, and the company plans to add two more in North America before 2031, according to a May interview with Reuters....
...Panasonic is making the right bet....
...Panasonic recently ended its talks with the Oklahoma government about investing in the state....
...Panasonic is investing billions to build a plant in Kansas....
...With demand from Tesla stable, Panasonic has been investing in expanding capacity in the US....
...Panasonic, a major battery supplier for American EV maker Tesla, said it wanted to quadruple its EV battery production capacity by March 2031 compared with March 2023....
...Pedal to the metal please, Panasonic....
...Panasonic clings to No 4 ranking Japanese electronic conglomerate Panasonic Holdings, once the world’s largest producer of electric vehicle batteries, plans to invest around $4bn in a new plant in the US...
...The Panasonic boss freely confesses that climate change was not a top priority when he ran the Japanese group’s automotive business....
...Panasonic Energy, an affiliate of Panasonic Holdings, is adding another production line — the 15th in total — at gigafactory Nevada, with plans for it to start operating within the next year or two....
...Panasonic, too, should spread its bets....
...GBA’s nearly 200 members include large companies from a range of sectors, including Nestlé USA, AstraZeneca, Diageo, Mercedes-Benz, Panasonic, Sony Corporation of America and chipmaker TSMC....
...“They [Panasonic] don’t have to cut back. They have to scale up. They have to plan for a third factory now,” said Atul Goyal, an analyst at Jefferies....
...The list of companies that complied, which included major names such as Sony and Panasonic, is intended to publicly shame those that fail to do so....
...In 2018, Beijing allowed Tesla to open a gigafactory in Shanghai making the Model 3 with Panasonic batteries and eligible for the full suite of government support....
...South Korea’s display industry is facing the same fate as Japan’s in the $160bn global market, analysts said, citing the worst-case scenario of JOLED, a Japanese joint venture between Panasonic and Sony’...
...China’s CATL and BYD are the biggest EV battery providers, while SK On is the world’s third-largest non-Chinese supplier, behind South Korean rival LG Energy Solution and Japan’s Panasonic....
...Having built a reputation for reliable production through its partnership with Tesla, Panasonic is in talks to supply Japanese carmakers Mazda and Subaru....
...Results: Mizuho Financial Group, Panasonic and Sumitomo Mitsui Financial Group report first-quarter earnings. Economic data: China releases its official purchasing managers’ indices for July....
...With 15,600 corporate users including Suntory, Panasonic and Sekisui House, the subsidiary of employment agency Pasona provides corporate employee benefits ranging from gym membership, spa treatment to discounts...
...profitability drive (Nikkei Asia) Australia threatens action against Meta after Facebook news payments axed (FT) The mysterious rise of the Chinese ecommerce giant behind Temu (FT) Tesla’s supplier Panasonic...
...The IRA has already prompted an investment spree by Japanese manufacturers with Panasonic, Toyota, Honda, Bridgestone and others announcing additional spending plans in the US....
..., Bristol Myers Squibb Q4, Charter Communications Q4, Chevron Q4, Cigna Group Q4, Danske Bank Q4, Deutsche Bank FY, Electrolux Q4, ExxonMobil Q4, Ferrari Q4, Japan Airlines Q3, KDDI Q3, Mitsui & Co Q3, Panasonic...
...Some companies, however, like Panasonic, have also developed the technology to produce cobalt-free batteries and are now working on reducing the use of nickel....
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