Tesla falls as production cut by battery supplier Panasonic fans EV demand fears
(Reuters) – Shares of Tesla fell about 5% on Monday after key supplier Panasonic Holdings said it cut automotive battery production in the September quarter, cementing concerns of a global slowdown in…
Panasonic agrees to supply EV batteries to Lucid Group
TOKYO (Reuters) – Tesla Inc battery maker Panasonic Holdings on Tuesday said it had concluded an agreement to supply lithium-ion batteries to electric vehicle (EV) maker Lucid Group as the Japanese company…
Redwood Materials to supply cathode material to Panasonic U.S. battery plant
By Paul Lienert (Reuters) – Panasonic Corp will buy remanufactured battery cathode material from Redwood Materials, beginning in 2025, for the Japanese battery maker’s new Kansas plant, the companies said on Tuesday.…
U.S., Mexico resolve Panasonic auto parts plant labor dispute
WASHINGTON -The United States and Mexico announced a resolution to a dispute at a Panasonic auto parts plant in Mexico on Thursday, with workers receiving an above-inflation pay rise after the firm…
Exclusive: Tesla supplier Panasonic eyes 20% jump in battery density by 2030
By Norihiko Shirouzu (Reuters) – Panasonic Energy Co, a major Tesla supplier, is working on new technology to increase battery energy density by a fifth by 2030, the Japanese company’s chief technology…
Apple’s new car software no threat, complements our products, says Panasonic
TOKYO – Panasonic Holdings Corp does not see Apple’s new software for car dashboards as a threat, its automotive business unit said. Apple Inc on Monday announced it planned greater integration of…
Mexico accepts U.S. request for labor probe into Panasonic
MEXICO CITY – Mexico’s Economy Ministry has accepted a U.S. request to probe alleged labor abuses at a Panasonic auto parts plant in the northern border city of Reynosa, it said on…
High raw material prices having a “big” impact, Panasonic CEO says
TOKYO – Rising prices for raw materials, including nickel and copper, accelerated by Russia’s invasion of Ukraine were having a “big” impact on Panasonic Corp, with the Japanese industrial giant only able…
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