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Panasonic Plans U.S. Battery Plant to Supply Tesla, NHK Says
- Electronics maker announced new factory in Japan this week
- Carmakers seeking batteries as they ramp up production
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Panasonic Corp. plans to build a U.S. factory to supply Tesla Inc. with lithium-ion batteries, Japanese national broadcaster NHK reported, seeking to ramp up production to meet anticipated demand for electric vehicles.
The Japanese electronics conglomerate is looking at sites in Oklahoma and Kansas to build the plant, NHK reported, citing a person it didn’t identify source. Tesla is bringing a new factory online in nearby Texas, where it recently established a new headquarters in Austin.