Tesla battery supplier Panasonic is considering another large-scale US battery cell factory

Panasonic just introduced that it is developing a $4 billion battery cell manufacturing facility in Kansas to supply Tesla, but we now discover that the Japanese organization is looking at greenlighting yet another substantial-scale US battery mobile factory to create at the same time.

In advance of picking Kansas for its new battery cell factory in the US last thirty day period, Panasonic was choosing between Oklahoma and Kansas.

The enterprise ended up going with Kansas for a massive-scale battery mobile manufacturing unit, its second in the US following its aspect in Tesla’s Gigafactory Nevada where by it completely generates battery cells for Tesla automobiles.

Panasonic options to manufacture new 4680 cells for Tesla at the new Kansas plant.

Now the Wall Road Journal experiences that Panasonic’s prepare for a battery cell factory in Oklahoma is not dead due to the fact it is moving forward with Kansas. The report states that the Japanese maker is truly thinking about also developing a plant in Oklahoma simultaneously:

The new Panasonic plant would come in addition to a around $4 billion EV battery manufacturing unit that the Japanese organization explained in July it plans to develop in Kansas. People today with expertise of Panasonic’s ideas described the two vegetation as twins with very similar potential.

When this would be a massive financial investment for Panasonic, it wouldn’t truly be out of the norm.

LG Electrical power and SK Innovation, both equally competitors of Panasonic, have both of those announced options for a number of battery cell factories in the US in partnership with GM and Ford respectively.

Panasonic supplies cells to many electric powered automakers, but it is definitely closer to Tesla who has made it very clear that it will purchase just about every viable battery cell it can get its palms on for the foreseeable potential.

If you feel Tesla, it wouldn’t be a lousy enterprise design to ramp up output as speedy as you can with as lots of factories as you can. Also, each Kansas and Oklahoma are strategically found fairly near to Tesla’s Gigafactory Texas the place most of the company’s advancement in production ability is going to appear from in North America for the future handful of years.

The Oklahoma state governing administration has now accepted an incentive bundle really worth over $600 million for battery mobile manufacturing facility, but it is not distinct when Panasonic will make a final conclusion.

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