Japan's Panasonic Sees Global Car Output Improving This Business Year

Japan’s Panasonic Sees Global Car Output Improving This Business Year

(Reuters) -Panasonic Corp, which makes batteries for Tesla and other automakers, said on Wednesday it expected global car production to recover this fiscal year, but predicted that the two-year long chip shortage would continue. “We will be running our business as we consider risks of fluctuations on vehicle production,” said Masashi Nagayasu, CEO of the…

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