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Panasonic puts productivity boost ahead of new EV plant in US

Panasonic puts productivity boost ahead of new EV plant in US

Panasonic’s battery business must focus on boosting productivity, Group CEO Yuki Kusumi told Reuters, signalling the Tesla supplier may hold off building a third battery plant in North America as demand for electric vehicles cools. The battery unit, Panasonic Energy, had previously said it aimed to decide on building the …

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