Panasonic looking at 3 U.S. states for big EV battery spending

Japanese company eyes new factory in Oklahoma, expansion in Kansas or Nevada

20230417N panasonic battery

Panasonic looks to benefit from state and federal subsidies to manufacture lithium-ion batteries in the U.S. (Photo by Yo Inoue)

KENTA ANDO and MAMORU TSUGE, Nikkei staff writers

TOKYO -- Panasonic Holdings is considering Oklahoma and two other U.S. states for a major investment as it plans to boost production of electric vehicle batteries in the country.

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