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Tag: Panasonic


News

Utah Tax Credits Assist With Expansions Across Industries

February 26, 2024

Via: Business Facilities Magazine

Companies across industries have chosen to expand their operations in Utah — due, in part, to tax credits. Pattern, a global e-commerce and marketplace acceleration platform, plans to add more than 500 jobs and invest nearly $26 million in the […]


Industry Focus Areas, Motorized Vehicle

Panasonic unveils 4680 battery for use in high-end Tesla vehicles

October 26, 2021

Via: Phys.org

Panasonic has announced to the press that it is ready to show off its new cylindrical 4680 battery (46 millimeters wide and 80 millimeters tall), built specifically to accommodate Tesla electric vehicle (EV) requirements. In the announcement, Kazuo Tadanobu, CEO […]


Industry Focus Areas, Motorized Vehicle

Tesla signs three-year deal with Panasonic for Nevada factory

June 17, 2020

Via: Automotive News

Tesla Inc. has signed a three-year deal with Japan’s Panasonic Corp. relating to the manufacture and supply of lithium ion battery cells at the Gigafactory in Nevada, the electric carmaker disclosed in a filing Tuesday. Tesla and Panasonic have been […]


Process, Production

Tesla, Panasonic will reportedly stop joint solar cell production at Gigafactory 2 in Buffalo

February 26, 2020

Via: CNBC

In another sign of a strained partnership, Tesla and Panasonic are reportedly ending their joint production of solar cells at Tesla’s Gigafactory 2 facility in New York, according to a report in the Nikkei Asian Review. Tesla and Panasonic formed […]


Industry Focus Areas, Motorized Vehicle

Another day, another record: Tesla shares hit $900

February 4, 2020

Via: Reuters

TOKYO/SEOUL (Reuters) – Shares of Tesla Inc surged 15% on Tuesday to hit the $900 mark, extending a stunning rally that has more than doubled the company’s market value since the start of the year as more investors bet on […]


Industry Focus Areas, Motorized Vehicle

Toyota-Panasonic venture to start EV battery development in April

February 3, 2020

Via: Automotive News

TOKYO — Toyota Motor Corp. and Panasonic Corp. have agreed to set up a joint venture that will begin developing electric vehicle batteries starting in April, as the Japanese companies gear up for an expected surge in demand. The new […]


Energy, Industry Focus Areas

Exclusive: Tesla woes send Panasonic’s U.S. solar cells to Philippines

May 30, 2019

Via: Reuters

Reuters reported on May 15 that Panasonic planned to ship most cells from the plant overseas, instead of selling them to Tesla for its trademark Solar Roof as initially intended, because of low demand from Tesla and a trade loophole […]


Regulations

ARM supply halt deals fresh blow to Chinese tech giant Huawei

May 23, 2019

Via: Reuters

Huawei, like Apple Inc and Qualcomm, uses ARM blueprints to design the processors that power its smartphones. It also licenses graphics technology from the Cambridge-based company which is owned by Japan’s SoftBank Group Corp. In another blow to the Chinese […]


Process, Production

Toyota and Panasonic reportedly partner to produce batteries for electric vehicles

January 21, 2019

Via: Manufacturing Global

Toyota Motor Corporation and Panasonic are reportedly set to announce a joint venture and join the growing electric vehicle (EV) market. The duo will produce batteries for such new innovations, which will be fully launched in 2020. At present, more […]


Logistics, Process

Panasonic profit weighed by Tesla costs, but in talks for further investment

October 31, 2018

Via: Reuters

Business with Tesla has yet to contribute to profit. Yet Panasonic said it was in talks to add to its $1.6 billion investment and take capacity at the so-called Gigafactory over the 35 Gigawatt hours (GWh) it is set to […]


Design & Planning, Process

Panasonic set to move its European base to Amsterdam due to Brexit

August 30, 2018

Via: Manufacturing Global

It is thought that the change in location will enable the firm to avoid potential tax issues following the impending Brexit. In preparation for Britain leaving the EU, it is expected that a wide range of multinational firms will make […]


Logistics, Process

Panasonic expects Tesla battery biz to contribute to profit as early as October

July 31, 2018

Via: Reuters

TOKYO (Reuters) – Panasonic Corp on Tuesday said it expects its battery business with U.S. electric vehicle maker Tesla to contribute to profit from the second half of its business year, as production of mass-market Model 3 cars picks up […]


Regulations

Tesla obliged to pay $1.7 billion to Panasonic for gigafactory cells

November 2, 2016

Via: Reuters

Tesla Motors Inc (TSLA.O) had an obligation to pay a total of about $1.7 billion to Japan’s Panasonic Corp (6752.T) as of Sept. 30 for electric vehicle battery cells made at Tesla’s gigafactory in Nevada, the carmaker said in a […]


Energy, Industry Focus Areas

Tesla, Panasonic to collaborate on solar cells production

October 17, 2016

Via: Reuters

Elon Musk’s Tesla Motors said it would collaborate with Japan’s Panasonic Corp to manufacture solar cells and modules in New York. Under the agreement, which is a non-binding letter of intent, Tesla said it will use the cells and modules […]


Process, Production

Panasonic says it will stop making TV panels by end-September

May 31, 2016

Via: Reuters

Panasonic Corp on Tuesday said it will close its unprofitable television screen manufacturing business, leaving Sharp Corp as Japan’s sole TV panel maker. A Panasonic spokeswoman said the company will stop producing TV screens at its plant in Himeji, western […]