Panasonic CEO Yuki Kusumi, who took office last April, outlined the priorities for the company’s strategic development over the next three years. Two-thirds of the $4.9 billion investment will go into traction batteries, with the remainder set to form the company’s “technology foundation.”
Last category if you believe Bloomberg, refers to the sphere of hydrogen energy. Incidentally, the company wants to expand the use of software for logistics management – last year, Blue Yonder was acquired for 7.1 billion US dollars. Panasonic intends to integrate related functions with sensors and cameras and develop end-to-end hardware and software solutions for the logistics industry.
Over the next three years, Panasonic aims to generate $12.2 billion in operating income. A portion of these funds could be used for acquisitions and the purchase of necessary assets. According to Bloomberg, the company is in talks to build a 4680 lithium battery manufacturing facility in the United States, which will be dedicated not only to Tesla but also to other interested customers. If a company is set up in the US, it will start operations in 2024. These plans have not yet been confirmed by Panasonic officials.