Panasonic Energy has been approved by the US state of Kansas for an Attracting Powerful Economic Expansion (APEX) incentive application to build a battery production facility.
“With the increased electrification of the automotive market, expanding battery production in the US is critical to help meet demand,” said Kazuo Tadanobu, president and CEO of Panasonic Energy. “Given our leading technology and depth of experience, we aim to continue driving growth of the lithium-ion battery industry and accelerating toward a net-zero emissions future.”
Panasonic Energy plans to expand its production of EV batteries, as the automotive industry shifts to more sustainable electric technologies. The company has contributed to achieving greater efficiency and economies of scale necessary to drive this transformation, and the planned facility in Kansas supports the company’s commitment to contribute to society by reducing global carbon emissions.
“Kansas has an impressive history of being home to a skilled manufacturing workforce,” added Yasuaki Takamoto, EVP of Panasonic Energy and head of EV Battery Business. “We appreciate Kansas’s dedication to sustainability and its commitment to and growth in the clean and renewable energy space.”
The announcement comes five years after Panasonic Group began production of lithium-ion batteries at Panasonic Energy of North America (PENA) in Sparks, Nevada. PENA is now one of the world’s largest lithium-ion battery factories, surpassing six billion EV battery cells shipped.