Panasonic Energy And Kansas Join Hands To Advance Plans For An EV Battery Facility In The United States

Panasonic Energy, one of the global leaders in lithium-ion batteries, has reached a deal with Kansas, one of the nation's economic development pioneers, to advance the EV industry in the United States.

FREMONT, CA: "With the increased electrification of the automotive market, expanding battery production in the US is critical to help meet demand. Given our leading technology and depth of experience, we aim to continue driving growth of the lithium-ion battery industry and accelerating towards a net-zero emissions future." says Kazuo Tadanobu, President and CEO of Panasonic Energy Co., Ltd.

Panasonic Energy Co., Ltd., a Panasonic Group subsidiary and Kansas Gov. Laura Kelly jointly reveal that Kansas has approved Panasonic Energy Co., Ltd.'s Attracting Powerful Economic Expansion (APEX) state incentive* application. The agreement, if approved by Panasonic Holdings Corporation's Board of Directors, would make the state the site of a proposed US-based lithium-ion battery production facility.

"This project will be transformative for the Kansas economy, providing high-quality, high-tech jobs while bringing a new industry to the state that is forging a more sustainable future. This is a significant milestone for Kansas that is sure to drive economic growth and development." says Laura Kelly, Governor of Kansas.

Panasonic Energy is one of the global leaders in lithium-ion batteries, with a century of battery innovation covering both battery cell technology and battery business operations. Panasonic Energy intends to increase its EV battery output as the automobile sector transitions to more sustainable electric technology. The company has contributed to the increased efficiency and economies of scale required to accomplish this change. The planned Kansas site supports the company's aim to contribute to society by lowering global carbon emissions.