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Search resuls for: "Yuki Kusumi"


5 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
Panasonic’s auto deal deserves a speedy sequel
  + stars: | 2023-11-22 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Toru Hanai/File Photo Acquire Licensing RightsHONG KONG, Nov 22 (Reuters Breakingviews) - Panasonic’s (6752.T)decision to sell part of its automotive unit suggests CEO Yuki Kusumi’s plans are taking a promising turn. The business, which pioneers technology like infotainment systems for the next generation of internet-connected cars, is a growing but capital-intensive opportunity. Selling a stake to Apollo Global Management (APO.N), with the possibility of a listing later, could help fund faster development without denting Panasonic’s balance sheet or returns. This was an obvious target for Kusumi, who previously led the auto unit. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Toru Hanai, Yuki Kusumi’s, Panasonic’s, it’s, Katrina Hamlin, Francesco Guerrera, Thomas Shum Organizations: Panasonic Corp, Advanced Technologies, Makuhari, REUTERS, Reuters, Apollo Global Management, Sony, Hitachi, Panasonic, X, Walmart, Thomson Locations: JAPAN, Chiba, Japan, HONG KONG, Asia, Rome
TOKYO, May 18 (Reuters) - Japan's Panasonic Holdings Corp (6752.T) aims to ramp up production of battery cells used in electric vehicles by building at least two new factories in North America, it said on Thursday. Panasonic plans to build at least two new factories for 4680 battery production in North America by 2030, a spokesperson confirmed to Reuters. Panasonic has yet to decide where in North America it will add the production capacity, said the company's Group Chief Executive Officer Yuki Kusumi. Panasonic and trading house Marubeni Corp (8002.T) will build out a delivery network in Japan that will use small electric vans, the Nikkei newspaper said later on Thursday. Panasonic will also set up two other new sites to deepen its battery know-how in Japan over the next two years.
TOKYO, May 18 (Reuters) - Japan's Panasonic Holdings Corp (6752.T) aims to ramp up its production capacity for 4680 battery cells by 2030 by building two or more new factories in North America, it said on Thursday, as it seeks to supply the growing electric vehicle (EV) market. Panasonic plans to build at least two new factories for 4680 battery production in North America, a spokesperson confirmed to Reuters. Panasonic has yet to decide where in North America it will add the production capacity, said the company's Group Chief Executive Officer Yuki Kusumi. Panasonic is running a pilot 4680 production line at its Wakayama factory in Japan, while Tesla is already producing the 4680 battery cells, which Tesla CEO Elon Musk has touted as being key to making cheaper and compelling electric cars. Panasonic will also set up two other new sites to deepen its battery know-how in Japan over the next two years.
Its CO2 emissions, including its value chain, are estimated to be as much as 110 megatons. To address this, Panasonic unveiled its "Panasonic GREEN IMPACT" initiative in January 2022. This aims for a reduction impact of "around 1% (approximately 300 million tons)" of current total global CO2 emissions by 2050. Panasonic has clearly defined them in Panasonic GREEN IMPACT," said Shimono. ***Avoided Emissions refers to CO2 emissions cut using a company's products or technologies.
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