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Panasonic Unveils EV Battery Plant in Kansas

Bloomberg Tech

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Panasonic's EV Battery Plant: A Game Change

This chapter highlights the opening of Panasonic's new EV battery plant in DeSoto, Kansas, designed to support the production of 500,000 electric vehicles annually. It discusses the strategic partnership with Lucid for domestic battery cell supply, the economic implications of localizing the supply chain, and challenges within the electric vehicle market. The conversation also touches on current industry trends, production targets, and the effects of tariffs and policies on manufacturing.

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