• Panasonic is looking at building the factory, to cost several billion dollars, in either Oklahoma or Kansas close to Texas, where Tesla is preparing a new EV plant, NHK reported. NHK gave no timeline for Panasonic's U.S. project. Panasonic is looking at building the factory, to cost several billion dollars, in either Oklahoma or Kansas close to Texas, where Tesla is preparing a new EV plant, NHK reported. NHK gave no timeline for Panasonic's U.S. project.
  • Panasonic's relationship with Tesla stretches back more than a decade when Tesla signed an agreement that made the Japanese company its key battery supplier. Since then, Tesla has ramped up production and diversified its supply chain to other firms, including Chinese manufacturers of cheaper lithium iron phosphate (LFP) powerpacks such as Contemporary Amperex.