Panasonic Aktie News

Peraso Inc (NASDAQ: PRSO) is up close to 40% on Tuesday after announcing a new deal with Panasonic System Networks. Here's what it means for Peraso stock Panasonic has agreed to use the X710 chipset of $PRSO in its 60GHz WLAN solution, as per a press release this morning.

Battery stocks are at a critical juncture. Due to the current oversupply and demand dynamics, core metals lithium, cobalt, and nickel prices have fallen to multi-year lows.

The electric vehicle industry is going through challenging times. The concerns for the industry include competition and macroeconomic headwinds.

With automakers scaling back or delaying their electric vehicle plans, a recent article indicated that the “EV Euphoria is Dead.” There is no doubt that the sector faces macroeconomic challenges coupled with intense competition.

PCRFY's planned sale of a majority stake in Panasonic Automotive Systems is seen as a favorable move from the portfolio optimization angle. PCRFY is actively expanding its operations in certain emerging markets as evidenced by recent news flow. I rate Panasonic Holdings as a Buy with potential valuation re-rating drivers like portfolio rationalization and geographic expansion.

Battery stocks can get a bad rap owing to the underlying tech. Is the same energy structure powering your phone good enough to power your car or a house?

India's top refiner Indian Oil Corp entered a pact with Panasonic Energy to form a joint venture to manufacture lithium-ion cells in India, the refiner said in a statement on Sunday, to prepare for rising local demand.

The sale price values the business at about $2 billion.