The raw materials required for technology advancement depend on both current mature technologies and emerging technologies. These materials are integral to the production of semiconductors, electronics, renewable energy systems, and other high-tech components. Some materials are already well-established in industrial use, while others are critical for technologies in their nascent stages. Raw Materials for Current Mature Technol...
$Panasonic Holdings (ADR) (PCRFY.US)$ Panasonic Downgrades Its Production Target for Electric Vehicle Batteries in Fiscal Year 2030 by Approximately 30%] Allan Swan, head of Panasonic Energy North America, said that Panasonic has downgraded its production target for electric vehicle batteries in fiscal year 2030 from 200 GWh to 150 GWh
1. Two of China’s established automobile brands record hefty growth in October sales. Two of China's top automakers posted robust gains in sales last month - Guangzhou-based GAC Group recorded a 5.6% y-o-y increase in car sales and NEV sales rose 39%, while Great Wall Motors saw a jump of 31% in auto sales. Both show that established brands are gaining ground in exports to emerging economies. And growth is not isolated to China’s m...
Key Details: ✅ Panasonic lowers annual profit forecast for its energy unit to 115 billion yen ($769 million) from 135 billion yen. ✅ Adjusted automotive battery production in Japan due to rapidly reduced demand. ✅ The battery unit's slowdown was impacted by softer uptake for high-end EVs in North America. ✅ Panasonic's North American operations remain steady, with strong sales for tax-credit-eligi...
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$Tesla (TSLA.US)$$Panasonic Holdings (ADR) (PCRFY.US)$According to reports, Tesla's battery supplier, Panasonic, which produces multiple batteries at the Nevada Gigafactory, is building a new park near the Nevada Gigafactory and plans to put it into operation next spring. According to the news from Panasonic's official website, the building of the new Panasonic North America Park is not a new construction, but a renovation of a building owned by the Industrial Realty Group, an industrial real estate investor. The time required for the construction of the new park will also be significantly shortened. After completion, the new park belongs to Panasonic Energy North America, which is a branch of Panasonic North America. Article excerpted from the US Stock Research Agency
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FaqnDeath99 : Very nice and thorough, thank you