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Panasonic weighs building new U.S. battery plant for Tesla

Oklahoma among candidate sites; production to start as early as 2024

Tesla's Cybertruck on display in New York City.   © Reuters

OSAKA -- Panasonic Holdings is considering building a new battery plant in the U.S. to supply electric car maker Tesla, Nikkei has learned.

Panasonic plans to produce a new type of high-capacity battery and aims to start operations as early as fiscal year 2024. Several candidate sites are being considered, including Oklahoma, which is close to Tesla's new plant in Texas. Panasonic plans to operate the new plant independently.

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