Panasonic Energy, Mazda Discuss Battery Supply Partnership
Portfolio Pulse from Shivani Kumaresan
Panasonic Energy and Mazda Motor Corp are in talks for a battery supply partnership, aiming to leverage the growing demand for battery EVs and automotive batteries. Panasonic Energy plans to supply Mazda with automotive cylindrical lithium-ion batteries manufactured in Japan and North America.
June 21, 2023 | 12:10 pm
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Mazda is in talks with Panasonic Energy for a battery supply partnership, which could secure a reliable supply of automotive batteries for its EVs scheduled to launch in the latter half of the 2020 decade.
The potential partnership with Panasonic Energy would secure a reliable supply of automotive batteries for Mazda's EVs, which are scheduled to launch in the latter half of the 2020 decade. This could positively impact Mazda's stock price in the short term as it shows the company's commitment to electrification and meeting consumer demand.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Panasonic Energy is in talks with Mazda for a battery supply partnership, potentially expanding its market reach and boosting demand for its automotive batteries.
The potential partnership with Mazda would expand Panasonic Energy's market reach and increase demand for its automotive batteries. This could lead to increased revenues and a positive impact on Panasonic's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100