Panasonic To Build $4 Billion Tesla Battery Factory In Kansas

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Panasonic To Build $4 Billion Tesla Battery Factory In Kansas
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Panasonic is likely to invest up to $4 billion into a new factory for Tesla batteries in Kansas. It's all about the batteries. While there are other supply chain challenges lately, the number one barrier

Panasonic is likely to invest up to $4 billion into a new factory for Tesla batteries in Kansas.

The batteries produced in Kansas will surely be sent to Tesla Giga Texas to be put into electric cars, trucks, and SUVs built there. Additionally, Kansas is becoming a bit of a battery manufacturing hub. It already employs 1,300 people in the battery manufacturing sector, and it “ranked second in the nation for employment and wage concentration in the sector in 2021.” Presumably, it only trails Nevada, where Tesla built its first battery gigafactory.

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