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  • Panasonic to invest nearly USD5 billion in vehicle battery field

    2022-04-06 17:27:28   [Print]
    Panasonic announced on April 1 that its subsidiary planned to invest 600 billion yen (USD4.Asian Metal CopyrightPanasonic announced on April 1 that its subsidiary planned to invest 600 billion yen USD4.Asian Metal Copyright9 billion) in vehicle battery, supply-chain software and other core fields.Asian Metal Copyright2 billion in "growing areas" such as electric vehicles battery cells and another 200 billion yen USD1.Asian Metal Copyright According to the announcement, the company will invest 400 billion yen (USD3.Asian Metal Copyright According to the announcement, the company will invest 400 billion yen USD3.Asian Metal Copyright2 billion) in "growing areas" such as electric vehicles battery cells and another 200 billion yen (USD1.Asian Metal Copyright According to the announcement, the company will invest 400 billion yen USD3.Asian Metal Copyright6 billion) in "technology pillar" fields such as hydrogen power over the three years ending in fiscal 2024.
    .Asian Metal Copyright9 billion in vehicle battery, supply-chain software and other core fieldsAsian Metal Copyright
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