OSAKA -- Panasonic Holdings will invest $4 billion in a second U.S. electric vehicle battery factory in Kansas, its subsidiary Panasonic Energy announced on Thursday, confirming an earlier Nikkei report. The factory is expected to hire as many as 4,000 employees and supply a new high-capacity battery for Tesla.
The decision follows Tesla's April opening of a second American EV factory in Texas to meet brisk demand.
