21.85BMarket Cap6.32P/E (TTM)
0.000High0.000Low0Volume0.000Open9.360Pre Close0.00Turnover0.00%Turnover Ratio11.94P/E (Static)2.33BShares12.12052wk High0.79P/B21.85BFloat Cap8.59052wk Low0.23Dividend TTM2.33BShs Float16.527Historical High2.43%Div YieldTTM0.00%Amplitude4.314Historical Low--Avg Price1Lot Size
Panasonic Holdings (ADR) Stock Forum
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
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...
✅ 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...
U.S. stocks fell sharply Monday to start the week, led by losses in shares of technology companies as investors braced for the start of earnings season and fre...
Article excerpted from the US Stock Research Agency
$Panasonic Holdings (ADR) (PCRFY.US)$ $Tesla (TSLA.US)$ According to reports, the head of Panasonic's battery department released a powerful prototype battery on Monday, saying that this battery will deepen the business relationship with American electric car manufacturer Tesla. In a speech at a media roundtable, Kazuo Tadanobu, head of Panasonic’s energy business, also said that the company has no plans to produce cheaper lithium iron phosphate batteries for electric vehicles.
Article excerpted from the US Stock Research Agency
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