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Panasonic scraps timetable for EV battery growth as U.S. market slows

TOKYO -- Key Tesla supplier Panasonic Energy says it is no longer aiming to triple revenue and quadruple production capacity of EV batteries by fiscal 2030, amid slower demand in North America.

The Osaka-based company says it still aims to hit both those targets but no longer has a firm deadline for doing so.

Read more on asia.nikkei.com