#Panasonic

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Panasonic to spend $5bn on EV cells, supply chain software

The Osaka-based firm will invest 400 billion yen in growth areas including electric vehicle cells

Panasonic readies new battery Tesla sees as key to $25,000 EVs

Panasonic will start mass production of 4680 batteries in the fiscal year starting April 2023

Panasonic sells its entire stake in Tesla to raise cash

Proceeds will be used for investing in future growth

Electric-car mania turns battery makers into power brokers

A handful of companies based in China, Japan and South Korea, make automotive-grade battery cells, which has upset the traditional dynamic between carmakers and parts suppliers