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Top related persons:
Kentaro Takahashi - 1 Yuki Kusumi - 1 Kusumi - 1 Sila Nanotechnologies - 1 Nexeon - 1 Group14 - 1 Sila - 1 Mercedes - 1
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Moriguchi Japan North America United States Nevada Kansas Oklahoma Osaka Prefecture
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Panasonic - 3 Panasonic Energy - 3 Panasonic Energy Co - 2 EV - 2 U.S - 2 Thomson - 2 Bloomberg - 1 Getty - 1

Search resuls for: "Panasonic Energy Co"


4 mentions found


☆ Panasonic puts productivity boost ahead of new EV plant in U.S.
  + stars: | 2024-01-22 | by ( ) www.cnbc.com   time to read: +3 min
The Panasonic Energy Co. headquarters in Moriguchi, Osaka Prefecture, Japan, on Thursday, Jan. 11, 2024. The battery unit, Panasonic Energy, had previously said it aimed to decide on building the factory by the end of March. Panasonic Energy has a plant in Nevada and has broken ground on a second one in Kansas. The unit expects the Kansas plant to take its annual auto battery capacity to 80 gigawatt hours, or GWh, a year. Given the human resources requirements of a new plant, Kusumi said it was generally better to have fewer production sites.
Persons: Kentaro Takahashi, Yuki Kusumi, Kusumi Organizations: Panasonic Energy Co, Panasonic, EV, Bloomberg, Getty, Panasonic Energy, EVs, General Motors, Ford, U.S Locations: Moriguchi, Osaka Prefecture, Japan, North America, Tokyo, United States, Nevada, Kansas, Oklahoma, Europe
☆ UK battery startup Nexeon to supply Panasonic with advanced material
  + stars: | 2023-07-24 | by ( Paul Lienert | ) www.reuters.com   time to read: +2 min
July 24 (Reuters) - UK battery startup Nexeon will supply high-energy silicon anode material to Panasonic’s (6752.T) newest U.S. plant starting in 2025, the companies said on Monday. The use of silicon-rich anodes will enable Panasonic battery cells to store more energy and charge more quickly, the companies said. The greater energy density also gives Panasonic the option of making smaller, lighter packs with similar range to current battery cells. Abingdon-based Nexeon will supply the material to Panasonic Energy Co’s $4 billion De Soto, Kansas plant, which is slated to open in early 2025. Founded in 2006, Nexeon has raised more than $260 million and was most recently valued at $350 million, according to investor website PitchBook.com.
Persons: Sila Nanotechnologies, Nexeon, Group14, Sila, Mercedes, Paul Lienert, Jonathan Oatis Organizations: Panasonic, Panasonic Energy, De, Korea’s SK Group, Porsche, SK, BASF, Mercedes, Benz, Siemens, Samsung, Thomson Locations: U.S, Abingdon, De Soto , Kansas, Woodinville , Washington, Alameda , California, Detroit
☆ Panasonic needs four more EV battery plants, executive says
  + stars: | 2023-07-03 | by ( Miho Uranaka | ) www.reuters.com   time to read: +3 min
The comments by Shoichiro Watanabe of Panasonic Energy are the Tesla (TSLA.O) supplier's first clear indication of the number of additional factories it will need. "We will need to build around another four factories," Watanabe, the company's chief technology officer, said in an interview at its headquarters in Osaka on Friday. He signalled an openness to potential joint ventures for EV battery production, with automaker Mazda Motor (7261.T) among others, citing the changing nature of such projects in which investment is no longer shouldered by battery makers alone. Panasonic will not rule out the possibility of a joint battery venture with Mazda as part of a supply partnership the companies are working out, Watanabe said. They aim to sign off on it this year, and expect to supply batteries after 2025.
Persons: Shoichiro Watanabe, Miho Uranaka, Watanabe, Elon Musk, Miho Uranka, Daniel Leussink, David Dolan Organizations: Panasonic Energy Co, REUTERS, Panasonic, Reuters, Panasonic Energy, EV, Mazda, NORTH AMERICA Panasonic, U.S, Thomson Locations: Moriguchi, Osaka prefecture, Japan, Miho Uranaka OSAKA, United States, Nevada, Kansas, Osaka, North America, Oklahoma
☆ Panasonic to start building Kansas battery plant next month
  + stars: | 2022-10-31 | by ( ) www.reuters.com   time to read: +3 min
The conglomerate also lowered its full-year operating profit forecast to 320 billion yen ($2.16 billion) from 360 billion yen for the year ending March 31. That compares with a 349.9 billion yen average forecast by 19 analysts. Panasonic posted an 11% drop in second-quarter operating profit, but performed better than analysts' estimates. It reported 86.1 billion yen ($582.54 million) in operating profit for the three months to end-September, versus an average 81.6 billion yen profit estimated by nine analysts, according to Refinitiv data. Panasonic has said that, by 2029, it plans to expand its battery production capacity by three to four times, with most of the increase in North America.
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