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Panasonic to build $4 billion electric vehicle battery plant in US

Panasonic to build $4 billion electric vehicle battery plant in US

Agence France-Presse

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Updated Jul 14, 2022 08:30 AM PHT

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The logo of Japan
The logo of Japan's Panasonic Corp. is seen on top of a building in Taipei, Taiwan, 28 November 2019. EPA-EFE/DAVID CHANG/FILE

TOKYO - Japanese electronics giant Panasonic said it will spend $4 billion to build a new battery factory in the United States for electric vehicles.

The lithium-ion battery plant in Kansas will create 4,000 new jobs, as the Tesla supplier drives to expand its presence.

More details to follow.

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