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.
Business deals
Panasonic ditches European disposable battery units in pivot to EVs
As alkaline cells lose favor, production plants to be sold to German fund Aurelius
Panasonic has sold over 200 billion non-rechargeable batteries to date. (Photo Kento Hirashima)
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