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TOKYO: Japanese electronics big Panasonic stated Thursday it’ll spend $4 billion to construct a brand new battery manufacturing unit in america for electrical autos.
The lithium-ion battery plant in Kansas might create as much as 4,000 new jobs, Panasonic stated, because the Tesla provider drives to broaden its presence.
“With the elevated electrification of the automotive market, increasing battery manufacturing within the US is vital to assist meet demand,” Kazuo Tadanobu, president and CEO of Panasonic Power, stated in an announcement.
The manufacturing unit might be Panasonic’s second electrical automobile battery operation in america, becoming a member of its facility in Nevada.
The announcement comes with Tesla struggling to spice up manufacturing, after unveiling two new factories in Germany and the US state of Texas earlier this yr.
Panasonic’s determination was welcomed by Kansas Governor Laura Kelly as “transformative” for the native financial system.
The brand new manufacturing unit is predicted to be positioned in De Soto, Kansas, although the transfer is topic to approval by Panasonic’s board.
The choice was additionally welcomed by US Ambassador to Japan Rahm Emanuel, who stated the choice to be “one of many largest battery manufacturing websites for the subsequent technology of electrical autos” in Kansas was “a vote of confidence” within the US financial system and its employees.
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