Panasonic is Looking to Purchase Land in the U.S. to Build a ‘Mega-Factory’ to Produce EV Batteries for Tesla

Panasonic is Looking to Purchase Land in the U.S. to Build a ‘Mega-Factory’ to Produce EV Batteries for Tesla

Japan’s Panasonic Corp is looking to purchase land in the United States for a “mega-factory” that will churn out advanced electric vehicle batteries for electric automaker Tesla, Japan’s public broadcaster NHK reported on Friday. According to NHK, Panasonic is considering sites in either Oklahoma or Kansas, which will be close to Tesla’s new EV factory under construction in Austin, Texas, which is scheduled to open on April 7.