Panasonic Confirms Third EV Battery Plant For The US
Japanese battery and electronic manufacturer Panasonic has confirmed it will build a third EV cell factory in the United States, according to Automotive Newsciting Panasonic Energy’s CEO Kazuo Tadanobu, who spoke at the company’s annual business strategy meeting yesterday.
Currently, the Japanese electronics company operates a manufacturing facility along with Tesla at the EV maker’s Giga Nevada plant, and a second battery plant is being built in De Soto, Kansas, which will cost an estimated $4 billion when it’s all said and done.
Reports of a third Panasonic EV battery plant in the United States surfaced last year, when “people…
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