Are they getting into EV space or already they have products. Any insights will help from anyone, as I understand they have some work going on EV space in US and not sure about India.
Amazing results…annualised 3x P/E. sustainable margins ?; Chinese imports come down sharply think I heard/ some duties ?
Panasonic Corporation is the parent company for Panasonic energy and it is associated with Tesla for battery supplies. But they also have a separate entity in India with name “Panasonic Automotive Systems India” which caters to automative parts. Refer the link given below which clearly mention EV batteries as one of the product category under Panasonic Automotive Systems India.
Request views if this correct interpretation.
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This filing talks about 100% ownership moving to Minda Industeries. Any idea if this was same JV formed in 2014?
Panasonic energy will not have car batteries in there portfolio…they have a jv with minda so most likely it will be manufactured in there jv company…as far as panasonic energy products are concerned it will be limited to dry cell batteries but even there, there is huge potential…they have recently launched evolta which is selling very well in other countries and expected to do well in India too.
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Hi All,
Came across this news. Was wondering if this is under Panasonic Energy India or some other unlisted/listed subsidiary of Panasonic in India?
Thanks,
Deb
PANASONIC BATTERY CHIEF: NEW 4680 FORMAT BATTERY WILL STRENGTHEN BUSINESS RELATIONSHIP WITH TESLA.
This is today’s news
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