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Panasonic Ramping Up Production To Unveil Enhanced Battery Cells That Could Potentially Reduce EV Costs
Monday, January 15, 2024 - 4:37am | 639In a recent announcement, Panasonic Holdings Corp. (OTC:PCRFY) revealed plans to launch an upgraded version of its electric vehicle (EV) battery cells with increased capacity. The new cells are expected to be produced at the company’s Nevada plant between 2024 and 2025. What Happened: The new...
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Looking To Benefit From EV Boom? Citi's 4 Battery Stock Picks Include One With Nearly 40% Upside
Wednesday, August 2, 2023 - 9:03am | 370Citi Bank predicts a surge in EV battery demand and reveals the top four stock picks, CNBC reports. The top stock picks include Contemporary Amperex Technology Co (CATL), LG Energy Solution, Panasonic (OTC:PCRFY), and Albemarle (NYSE:ALB), with potential upsides of 38%, 23%, 25%, and nearly 30%...
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Why Tesla's New Battery Places Them At The Front Of The Pack For Years To Come
Wednesday, January 26, 2022 - 12:35pm | 597By Grick Sant The new Tesla-Panasonic 6480 battery cell can make more powerful battery packs and/or reduce the size and weight of today’s EV battery packs. Also, the 4680 will outlast the car itself. It utilizes a solid electrolyte (aka “solid state”) and new anode/cathode...
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Panasonic Acquires Blue Yonder For $7.1B
Friday, April 23, 2021 - 1:06pm | 688Japanese electronics giant Panasonic Corp. has announced it will acquire supply chain software company Blue Yonder after an agreement was reached with its existing shareholders New Mountain Capital and Blackstone. Panasonic previously took a 20% stake in the software company in July and Friday...
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US Needs To Make Batteries On A Large-Scale To Avoid Chip-Like Shortage, Says Ford CEO
Thursday, February 25, 2021 - 1:21am | 620Ford Motor Company (NYSE: F) CEO Jim Farley said that the United States must begin making batteries for electric vehicles to avoid supply disruptions like the ones caused by semiconductor shortages, Bloomberg reported. What Happened: Farley, speaking at the Wolfe Research Auto Conference on...
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An Early Peek At Tesla's Roadrunner EV Battery?
Wednesday, September 16, 2020 - 9:08am | 458Ahead of its Battery Day, photos of Tesla Inc's (NASDAQ: TSLA) new battery cell appear to have been revealed. What Happened: Electrek shared photos it obtained from a source that shows the new battery cells produced in house by Tesla as part of its secret “Roadrunner” project. The...
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Fintech Focus For August 3, 2020
Monday, August 3, 2020 - 11:46am | 1830Daily Perspective: Stay hungry, stay foolish. - Steve Jobs Fintech Movers: The ECB says EU financial institutions have an over-optimistic view of their IT resilience and resistance to cyber threats. - Finextra US fintech funding on pace to excel. Tradeweb calls on Nasdaq tech. Cuban-backed...
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Tesla And PG&E To Build World's Largest Battery Farm
Friday, February 28, 2020 - 3:27am | 365Tesla Inc. (NASDAQ: TSLA) and PG&E received the approval from county planners to build a massive battery farm in Monterey, California. What Happened Tesla will work with PG&E Corporation (NYSE: PCG), or the Pacific Gas and Electric Company, to build the world’s largest...
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Tesla And Panasonic Are No Longer Producing Solar Cells Together
Wednesday, February 26, 2020 - 4:57am | 297Tesla Inc.’s (NASDAQ: TSLA) joint venture with its Japanese partner Panasonic to produce solar roof tiles has come to an end. What Happened Tesla is ending its joint venture with Panasonic Corp (OTC: PCRFY) after years of trying to produce solar cells in their New York state Gigafactory 2,...
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Is It A Good Time For Investment Into Alternative Energy Companies?
Tuesday, February 25, 2020 - 10:59am | 897Companies directly connected to alternative energy sources had some great results lately, stock wise, and reached some of their highest values. Tesla Inc's (NASDAQ: TSLA) share price rose more than 100% only since the beginning of the year, breaking the barrier of $900 on February 19th. Next to...
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Panasonic Reports Q3 Earnings Beat, As Shares Tank After Tesla's CATL Partnership
Monday, February 3, 2020 - 4:19am | 436Panasonic Corporation's (OTC: PCRFY) posted better-than-expected earnings for the third quarter of the financial year that ended in December 2019 on Monday, after shares tanked earlier in the day. What Happened The Japanese electronics maker reported an operating profit of about $924 million in...
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Today's Pickup: Panasonic Joins Tropos Motors For Connected Last-Mile Solution
Tuesday, January 7, 2020 - 12:33pm | 821Good day, Industry giant Panasonic has teamed with Tropos Motors on new concept electric vehicles designed for local and last-mile applications. The two compact utility vehicles will be equipped with Panasonic's proprietary software and cloud services platform OneConnect. The emergency services...
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Tesla To Start Delivering Its First China-Made Models On Monday
Friday, December 27, 2019 - 6:45am | 238California-based automaker Tesla Inc. (NASDAQ: TSLA) will deliver the first units of its China-made Model 3 electric vehicle to 15 customers on Monday, a company representative told Reuters. What Happened Tesla began accepting orders for the first model made in its still-under-construction Shanghai...
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Tesla And SolarCity Give Investors Proposed Merger Details
Wednesday, November 2, 2016 - 10:34am | 389David Tamberrino of Goldman Sachs offered his take on Tesla Motors Inc (NASDAQ: TSLA)'s conference call on Tuesday to better explain the rational behind its proposed acquisition of SolarCity Corp (NASDAQ: SCTY). Cash Flow The acquisition of SolarCity is expected to add $500 million of cash to Tesla...
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Elon Musk Denies Report That Tesla Is Working With Samsung On Its New Cars
Wednesday, June 8, 2016 - 12:05pm | 324Is Samsung (SAMSUNG ELECTRONIC KRW5000 (OTC: SSNLF)) SDI working with Tesla Motors Inc (NASDAQ: TSLA) to supply the company with batteries for the upcoming Model 3 vehicle? According to Reuters and its "source with direct knowledge of the matter," the answer is yes. However, according to Tesla's...