FILE PHOTO: Panasonic Holdings Group CEO Yuki Kusumi talks about the company's strategy in Tokyo, Japan, January 19, 2024. REUTERS/Miho Uranaka/File Photo
TOKYO (Reuters) - Panasonic's battery business must focus on boosting productivity, Group CEO Yuki Kusumi told Reuters, signalling the Tesla supplier may hold off building a third battery plant in North America as demand for electric vehicles cools.
The battery unit, Panasonic Energy, had previously said it aimed to decide on building the factory by the end of March.
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