Panasonic’s main customer — almost certainly Tesla — wants the Japanese company to move a little faster getting its gigantic EV-battery plant in De Soto up and running. Tesla no longer uses a Chinese-made battery for its ubiquitous Model 3 after pivoting to domestically produced cells last year to qualify for federal subsidies, the Financial Times reports. President Trump’s tariffs also make using Chinese batteries less profitable. When the 4.7 million-square-foot plant comes fully online, it’s expected to increase Panasonic’s EV-battery output by 60%, while other leading automakers, such as Honda and Toyota, delay launching their battery factories, the report says.
Source: Kansas City Business News – Local Kansas City News | Kansas City Business Journal
