Panasonic making a big return.

Okay so everyone everyone probably remembers panasonic as a large brand that made things like TVs, fridges and other electronics, but they have fallen out of popularity.

Turns out the company has restructured itself and is now one of the largest suppliers of lithium ion batteries in the world. It is currently the main supplier of tesla and Toyota (who's first fully electric car was recently announced) . They also supply Honda on a smaller scale.

Even though tesla is likely overvalued at the moment, I think that anyone with half a brain can see that electronic cars are the future, their sales will continue to ramp up and therefore so will these batteries.

Also, as of this week they have unveiled new freezer boxes cabable of storing the Pfizer vaccine at the necessary - 70C without the need of a power source, which will be essential for distribution of the vaccine.

To summarise, panasonic have grown by 40% in just 3 months and I can't see them slowing down.