Panasonic To Build $4 Billion Tesla Battery Factory In Kansas

Image courtesy of Tesla. Article by Zachary Shahan. CleanTechnica – July 14, 2022.

Panasonic is likely to invest up to $4 billion into a new factory for Tesla batteries in Kansas.

It’s all about the batteries. While there are other supply chain challenges lately, the number one barrier to faster electric vehicle sales growth year after year is lack of batteries. That goes for Tesla as well as other automakers. Tesla sales have been growing like gangbusters, but new orders won’t be delivered for about a year due to the company’s large supply–demand imbalance. The solution: more battery factories! […]

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