Panasonic Energy says cutting China supply for U.S. business a No.1 objective

Image for article Panasonic Energy says cutting China supply for U.S. business a No.1 objective
News Source : The Japan Times

News Summary

  • Panasonic Energy plans to eliminate its supply-chain dependence on China for electric vehicle batteries made in the United States
  • President Donald Trump's pledge to raise tariffs on imported Chinese goods has forced companies around the world to reassess their manufacturing processes
  • Panasonic Energy, which supplies batteries to Tesla and other automakers, is a unit of Japanese electronics giant Panasonic
LAS VEGAS Tesla supplier Panasonic Energy plans to eliminate its supplychain dependence on China for electric vehicle batteries made in the United States, a senior executive said, calling the shift [+407 chars]

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