AI Drives Surge in Panasonic’s Battery Unit Profit
Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info By Tsvetana Paraskova – Jul 30, 2025, 6:00 AM CDT Panasonic’s battery energy unit saw earnings jump by 47% in the first quarter of its 2026 fiscal year as demand for energy storage systems for data centers soars. Panasonic, which makes batteries for electric vehicles manufacturers and for industrial customers, on Wednesday reported...