OSAKA -- Panasonic said Wednesday it will sell two European plants that produce disposable consumer batteries to German asset manager Aurelius Group, marking a shift toward the more promising field of batteries for electric vehicles.
In a deal due to be finalized in June, the Japanese technology company will sell off a Polish plant and Belgium plant as well as a sales unit. The deal also includes Eneloop, a brand of rechargeable batteries and accessories, which employs nickel-metal hydride technology.
