Straits Times Index
3,297.55 -26.98 (-0.81%) Nikkei
38,814.56 +94.09 (+0.24%) Hang Seng
17,941.78 -170.85 (-0.94%) FTSE 100
8,146.86 -16.81 (-0.21%) Bitcoin USD
66,049.50 +50.55 (+0.08%) CMC Crypto 200
1,403.76 -14.12 (-1.00%)
Panasonic Holdings Corp (MAT1.BE)
- Reuters
Slowing EV uptake may delay Panasonic's EV battery expansion, CEO says
A slowdown in the take-up of electric vehicles in the U.S. may prompt Tesla-supplier Panasonic to delay investing in additional plants to boost its automotive battery capacity in North America, the Japanese group's chief executive said. Panasonic, whose energy unit makes batteries for Tesla, is closely watching its Chinese supply chain and battery material procurement following China's move last year to tighten graphite export controls, Yuki Kusumi said. Kusumi's remarks may suggest Panasonic will not build a third battery plant in North America with its energy unit any time soon.
- Yahoo Finance UK
Stocks to watch next week: BP, Saudi Aramco, Uber, and interest rates
Earnings preview of key companies reporting next week and what to look out for.
- Simply Wall St.
Does Panasonic Manufacturing Malaysia Berhad's (KLSE:PANAMY) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Most readers would already be aware that Panasonic Manufacturing Malaysia Berhad's (KLSE:PANAMY) stock increased...
