Panasonic Announces $4B Deal to Build World’s Largest EV Battery Factory in Kansas

Panasonic announced on Wednesday that it’s inked a $4 billion investment deal with the state of Kansas to build and operate the world’s largest battery cell production facility.

The plant will produce high-capacity cells for Tesla. This project is expected to produce 4,000 permanent jobs at the factory as well as 16,500 construction jobs.