Panasonic said Wednesday it plans to build the world’s largest EV battery plant, a $4 billion factory in Kansas that will manufacture and supply lithium-ion batteries to EV makers.
The factory is slated to be larger than the Gigafactory it operates with Tesla in Sparks, Nevada, which is already one of the largest lithium-ion battery factories in the world.
The electronics supplier also aims to begin producing a high-capacity battery for Tesla in Japan in early 2024. Those batteries are expected to increase energy capacity fivefold, which could boost range by more than 15% and cut production co
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