panasonic

Panasonic to invest over $256 million in Tesla’s U.S. plant for solar cells

Panasonic Corp will invest more than 30 billion yen ($256 million) in a New York production facility of Elon Musk's Tesla Motors to make photovoltaic (PV) cells and modules, deepening a partnership of the two companies. Tesla's shares

Read more:
Panasonic to invest over $256 million in Tesla’s U.S. plant for solar cells

panasonic

Power surge: Chinese electric car battery maker charges for global market

A dusty village on the outskirts of Ningde, a third-tier city in China's southeast, seems an unlikely place for the headquarters of a potential global leader in future automotive technology. China's

Read the original here:
Power surge: Chinese electric car battery maker charges for global market

panasonic

Panasonic buys U.S. refrigeration firm Hussmann for $1.5 billion

Japanese electronics maker Panasonic Corp is set to buy U.S. refrigeration firm Hussmann for over 186.6 billion yen ($1.5 billion) in a deal it says will leverage its technology and help it break into the U.S. food distribution industry. Panasonic, like several domestic peers, has been moving away from unprofitable smartphones and plasma television sets, focusing instead on higher margin products, such as high-end cold storage, …

The rest is here:
Panasonic buys U.S. refrigeration firm Hussmann for $1.5 billion