Market Insights for April 1 - Flipbook - Page 6
Panasonic
• Panasonic Energy has been named the official battery cell supplier for Harbinger’s medium-duty electric
vehicles, supporting the development of next-generation commercial EVs.
• Panasonic installed 9,461 solar panels at its PAPAMY factories in Malaysia, aiming to achieve virtually zero
CO2 emissions by 2025 by generating around 5,900 MWh of sustainable energy annually and cutting 3,912
tons of CO2 emissions each year.
• Panasonic Energy and Sumitomo Metal Mining are launching a nickel recycling project to recover nickel
from battery production waste, aiming for a closed-loop system and 20% recycled cathode material in EV
batteries by 2030.
Onsemi
• Allegro MicroSystems’ stock fell 8% after Onsemi withdrew its $6.9 billion acquisition offer, citing Allegro’s
board’s reluctance to engage despite an increased bid of $35.10 per share.
• Onsemi has halted investment in its SiC chip plant in South Korea due to a slowdown in Hyundai and Kia
EV sales, shifting focus to a larger, more cost-effective facility in Czechia and recalling engineers from its
Bucheon site.
Vishay
• Vishay Intertechnology has launched the ISOA200, a compact, AEC-Q200 qualified thick film power
resistor with optional NTC thermistor and pre-applied thermal interface material, offering up to 200 W
dissipation and simplifying high-power designs for automotive and industrial applications.
• Vishay Intertechnology’s Israeli unit has signed a $105 million, 12-year power purchase agreement with
Enlight Renewable Energy to supply clean electricity and reduce operational costs and environmental
impact at its facilities in Israel.
• Enlight Renewable Energy has signed a $105 million, 12-year clean electricity deal with Vishay Israel,
aiming to cut energy costs and emissions equivalent to planting 740,000 trees annually, with the option
to increase energy consumption over time.
Company Specific Updates
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