Tesla and Panasonic have had a long-standing partnership since the early 2000s, when the Japanese manufacturer agreed to supply Li-ion battery cells for Tesla’s electric vehicles. This partnership has been a great success, and Panasonic has since built a massive battery factory with Tesla in Nevada. Now, Panasonic is looking to expand its battery production even further, with plans to build a new factory in the US.
Nikkei reports that Panasonic is considering Oklahoma and two other US states for a major investment to boost production of electric vehicle batteries. Oklahoma was reportedly in the running for the factory announced by Panasonic last year, but Kansas won the company over. However, Oklahoma is now back in the running, and Panasonic is also open to battery investments in Canada and Mexico.
The demand for batteries is growing rapidly, and Panasonic is looking to capitalize on this trend. With the success of Tesla’s electric vehicles, Panasonic’s battery cells have become its greatest growth contributor. As such, it makes sense that the company would want to expand its production capabilities even further.
Electrek’s take is that Panasonic is likely to make an announcement soon about its plans for a new battery factory. With the current demand for batteries, these factories are money-printing machines, and Panasonic would be wise to capitalize on this opportunity. If anyone has any information about this project, they can reach out to Electrek at [email protected].
FAQ
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A1. Electric cars are already available in the UK and can be purchased from a variety of dealerships.
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