Panasonic Corp will recall 43,140 battery packs used in notebook computers after three incidents of the batteries overheating and catching fire, the company said on Wednesday. Panasonic has been restructuring its business to shift its focus from volatile consumer markets to more reliably profitable industrial products, such as car batteries. It is the prime supplier […]

By Reiji Murai OSAKA (Reuters) – Panasonic Corp said it expected to become the sole manufacturer in Tesla Motors Incs planned multibillion-dollar U.S. battery factory, firming up its commitment to the electric car makers project. The Japanese electronics conglomerate had until this week made only cautious comments about Teslas plans, for which the carmaker is […]