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Panasonic Corp (6752.T)

6752.T on Tokyo Stock Exchange

1,369JPY
17 Aug 2018
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Tue, Jul 31 2018

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

TOKYO 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 pace.

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

TOKYO 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 pace.

UPDATE 1-Panasonic expects Tesla battery biz to contribute to profit as early as October

* CFO says Panasonic didn't receive discount request from Tesla (Recast with executive comments on Tesla battery business)

Panasonic's Q1 profit rises 19 pct as factory equipment sales offsets battery costs

TOKYO, July 31 Japan's Panasonic Corp on Tuesday reported a 19 percent increase in first-quarter profit, beating estimates, as strong demand for factory automation equipment offset costs incurred ramping up automotive battery plants.

Exclusive: Tesla's battery maker suspends cobalt supplier amid sanctions concern

LONDON/TOKYO Panasonic Corp said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to U.S. sanctions, and that it had suspended relations with a Canadian supplier as a result of its concerns.

Exclusive: Tesla's battery maker suspends cobalt supplier amid sanctions concern

LONDON/TOKYO Panasonic Corp said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to U.S. sanctions, and that it had suspended relations with a Canadian supplier as a result of its concerns.

Panasonic plans to halve cobalt content of car batteries in 2-3 years

TOKYO, July 12 Panasonic Corp plans to halve the cobalt content of its mass-produced automotive batteries "in two to three years", an executive at the Japanese conglomerate said on Thursday, as battery makers look to reduce costs.

Panasonic to consider more investment in Tesla's Gigafactory if asked: executive

OSAKA Panasonic Corp would consider further investment in Tesla Inc's so-called Gigafactory if requested by the U.S. electric vehicle maker, an executive at the Japanese conglomerate said on Monday.

UPDATE 2-Panasonic to consider more investment in Tesla's Gigafactory if asked -exec

* Panasonic hasn't made any decisions on further investment -exec

Panasonic would consider additional investment in Tesla's Gigafactory if requested -exec

OSAKA, July 2 Japan's Panasonic Corp would consider additional investment in Tesla Inc's automotive battery plant in the U.S. state of Nevada if requested by the U.S. electric car manufacturer, an executive said on Monday.

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