Tesla Inc (NASDAQ:TSLA) supplier Panasonic Holdings Corp (OTC:PCRFY) discussed building an additional $4 billion EV battery plant in the U.S., the Wall…
Electric vehicle stocks meandered to a mixed close in the week ending July 15 following a uniformly strong close in the previous week. Inflation worries roiled the broader market in the past week as the metric climbed to a fresh 40-year high in June. This in turn reignited worries regarding a string of aggressive rate hikes.
Japan’s Panasonic Holdings Corp (OTC: PCRFY) said on Wednesday it is looking to boost production capacity in North America to meet the growing demand for electric vehicles.
Tesla, Inc (NASDAQ:TSLA) urged Panasonic Holdings Corporation (OTC:PCRFY) to speed up the development of its next-generation 4680 batteries, Bloomberg reports as per Panasonic…