Aug 1, 2014

Panasonic, Tesla to build big U.S. battery plant

American electric carmaker Tesla Motors Inc. is teaming up with Japanese electronics company Panasonic Corp. to build a battery manufacturing plant in the U.S. expected to create 6,500 jobs. The companies announced the deal Thursday, but they did not say where in the U.S. ...

Jul 31, 2014

Panasonic's revamp efforts continue to pay dividends

Panasonic Corp. said Thursday that its operating profit grew in the April-June quarter on the back of efforts to restructure by shifting focus to industrial markets instead of less profitable consumer products. The electronics giant said group operating profit rose 28.2 percent to ¥82.29 ...

Panasonic hesitant about investing in Musk's huge Tesla battery factory

Mar 28, 2014

Panasonic hesitant about investing in Musk's huge Tesla battery factory

Panasonic Corp., Tesla Motors Inc.’s primary supplier of lithium-ion battery cells for its electric Model S sedans, has not committed to investing in a massive U.S. battery plant proposed by Tesla’s Elon Musk. Joining Tesla’s “Gigafactory” battery project would raise investment risks, Panasonic President ...