观点汽车业

Asia’s electric vehicle battery makers come with added Trump risk

Contenders for the 2024 Republican presidential nomination favour supporting fossil-fuel burning sectors

Tesla-supplier Panasonic has successfully positioned itself as one of the biggest battery makers for electric vehicles in the US. The US market has helped to boost group profit and the Japanese electronics group has increased investment there.

But the country — and its looming elections — is one of the biggest threats to its business, as president Yuki Kusumi acknowledged on the sidelines of a US technology show this week.

Should Donald Trump return to the White House, it would spell trouble, not just for Panasonic but for all its rivals in Asia. 

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