Panasonic cuts battery unit's operating profit forecast by 15% for full financial year

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Spice Up Your Life with Homemade Pumpkin Spice: No Bake Pie | SaltWire #shortsvideo #cookingshortsTOKYO - Japan's Panasonic Holdings on Monday cut the operating profit forecast for its energy unit that makes automotive batteries by 15%, as it warned of slowing demand for high-end electric vehicles in North America.

Panasonic lowered its full-year operating profit forecast for the energy unit that makes batteries for Tesla and other automakers to 115 billion yen from 135 billion yen.

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