Panasonic cuts outlook on EV demand, battery production

) shares dipped after the company cut its profit outlook by 15% citing slower electric vehicle battery demand, especially on higher-end EVs where Inflation Reduction Act credits are limited. Yahoo Finance’sA Bull Market Is Coming: 2 Spectacular Growth Stocks to Buy Now and Hold Forever

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Panasonic cuts battery unit's operating profit forecast by 15% for financial yearTOKYO (Reuters) -Japan's Panasonic Holdings on Monday cut the operating profit forecast for its energy unit that makes automotive batteries by 15%, as it...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Panasonic cuts battery unit's operating profit forecast by 15% for financial yearTOKYO (Reuters) -Japan's Panasonic Holdings on Monday cut the operating profit forecast for its energy unit that makes automotive batteries by 15%, as it...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »