Panasonic Warns of Weakness in Auto Battery Business Amid EV Slowdown

Panasonic (TYO: 6752), a major supplier of batteries to Tesla (Nesdaq: TSLA), warns of potential weaknesses in its automotive battery business due to a slowdown in the adoption of electric vehicles (EVs) in the United States.  Yuki Kusumi, the chief executive of Panasonic, said at a roundtable interview with reporters in Tokyo on Tuesday that … Continue reading Panasonic Warns of Weakness in Auto Battery Business Amid EV Slowdown