Aug 26, 2015

Panasonic to shut down battery factory in Beijing

Panasonic Corp. will close a lithium-ion battery factory in Beijing due to deteriorating profitability amid stiff competition with South Korean rivals, sources close to the matter said Wednesday. The major Japanese electronics-maker will end production later this month at the earliest and lay off ...

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 ...

Panasonic lands battery order from Indian group

Oct 13, 2013

Panasonic lands battery order from Indian group

Panasonic Corp. has received an order for lithium-ion batteries from Indian conglomerate Reliance Group to run mobile communications base stations, industry sources said. Panasonic has already began shipping the batteries to Reliance, which is active in the telecommunications, financing, energy, infrastructure and health sectors, ...

Feb 13, 2013

U.S. looks for microscopic flaws in 787 batteries

The U.S. National Transportation Safety Board said it is examining whether the Boeing 787’s lithium-ion battery problems were due to formation of microscopic structures called dendrites, which can cause overheating. The battery problems caused all Dreamliners to be grounded last month. Dendrites are tiny ...