The world’s largest EV battery factory is getting ready – it’s from Panasonic

Panasonic Energy Co, a company of the Panasonic Group, will invest nearly $4 billion in what is widely regarded as the world’s largest electric vehicle (EV) battery plant in Kansas, USA. The new factory, which will employ as many as 4,000 employees when fully completed, is being set up to supply high-capacity lithium-ion batteries to Tesla. Panasonic has designated a location in De Soto, Kansas for this project. The proximity to Texas where Tesla is setting up a factory is one of the reasons Panasonic chose this location.

“With the increased electrification of the automotive market, expanding battery production in the US is critical to meet demand,” said Kazuo Tadanobu, President, CEO of Panasonic Energy.

Panasonic’s plans

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