While Toyota and Panasonic are already SMM's biggest customers, rising sales of electric cars - led by Tesla's mass-market Model 3 - mean the Japanese miner and smelter is in a sweet spot it needs to protect.
ET brings you a lowdown on how the pharma, core, automotive and consumers sectors are responding to automation, and what it means for skills and jobs in these industries.
Kreisel Electric GmbH says it's fielding 20 inquiries a day from automotive icons including BMW AG, Mclaren Automotive Ltd. and Volkswagen AG.
Contemporary Amperex Technology, another Chinese battery maker, is planning an initial public offering to help fund a 10-fold increase in capacity to reach 26 gigawatt hours by 2020.
Volkswagen is considering building a multi-billion-euro battery factory as part of a major expansion of its electric-car portfolio, company sources told the Handelsblatt, a leading German daily.
Fair trade regulator CCI today approved acquisition of Panasonic's battery business by Japan's GS Yuasa Corp.
The Manesar-based company recorded a revenue jump of 31 percent at Rs 2,227 crore in FY15, up from Rs 1,706 crore a year before.
Kazuhiro Tsuga is charting out a new direction for the $65 billion Japanese electronics giant Panasonic. At a time when some of the biggest Japanese makers like Sony are struggling to find their feet in a rapidly-evolving global electronics business, Tsuga was quick to sense the change as he reduced the dependence on consumer businesses like smartphones and plasma TVs and targeted business and industrial customers through solar panels, car navigation systems and batteries.
Minda Industries, the world's second largest horn-maker, has invested Rs 450 crore to add new products, betting on future demand growth.
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Daizo Ito | 02429688 | ITO.DAIZO@npi.panasonic.co.in | Director | 30 Oct,2008 |
| Tatsuyuki Daisuke Nonaka | 06360642 | tatsuyuki.nonaka@sg.panasonic.com | Director | 01 Nov,2016 |
| Manish Sharma | 06549914 | manish.sharma@In.panasonic.com | Director | 01 Apr,2013 |
| Masaaki Hirano | 06961963 | masaaki.hirano@in.panasonic.com | Director | 01 Sep,2014 |
| Masaru Miki | 06969115 | masaru.miki@in.panasonic.com | Director | 29 Sep,2014 |
| Shigeto Yuasa | 07506476 | SHIGETO.YUASA@IN.PANASONIC.COM | Director | 01 May,2016 |
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