February 26, 2024
Via: Business Facilities MagazineCompanies 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
October 26, 2021
Via: Phys.orgPanasonic 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
June 17, 2020
Via: Automotive NewsTesla 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 […]
February 26, 2020
Via: CNBCIn 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
February 4, 2020
Via: ReutersTOKYO/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
February 3, 2020
Via: Automotive NewsTOKYO — 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 […]
May 30, 2019
Via: ReutersReuters 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 […]
May 23, 2019
Via: ReutersHuawei, 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 […]
January 21, 2019
Via: Manufacturing GlobalToyota 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 […]
October 31, 2018
Via: ReutersBusiness 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 […]
August 30, 2018
Via: Manufacturing GlobalIt 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 […]
July 31, 2018
Via: ReutersTOKYO (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 […]
November 2, 2016
Via: ReutersTesla 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 […]
October 17, 2016
Via: ReutersElon 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 […]
May 31, 2016
Via: ReutersPanasonic 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 […]