A Kansas battery manufacturing plant is already authorized, however, Panasonic would like to develop another facility on US soil.

Panasonic is reportedly conducting negotiations to build a third EV battery plant in the US.

The Japanese business already collectively runs a battery factory with Tesla in Nevada, and has gotten approval to build an extra battery manufacturing facility in Kansas. However, as The Wall Street Journal The Wall Street Journal states, many people aware of the subject believe Panasonic would like to create a third factory, and also wants to spend another $4 billion while doing so.

Easily the most probable site for this third plant is Oklahoma, and it would likely work as a twin to the Kansas facility. Each will manufacture brand new EV batteries at the same rate to stay on top of multiplying necessity for the automobiles. The Kansas facility is also predicted to be worth $4 billion as well as make 8,000 jobs while doing so. Oklahoma would definitely without a doubt enjoy a similar boost to local area work if the new plant proceeds.

Meanwhile, nobody is commenting, including Oklahoma Gov. Kevin Stitt. Nonetheless, it's worth noting that EV startup Canoo is readying to commence making motor vehicles at a factory in Oklahoma, and also the firm signed a battery supply deal with Panasonic in 2021. Canoo is also set to provide Walmart with 4,500 all-electric delivery automobiles next year.

Back in February, Panasonic made public that it would begin assembly-line production of Tesla's new 4680 battery by the end of March 2024. That being said, that production is planned for new lines at the company's Wakayama manufacturing facility within Japan.

The new plant in Kansas, and also now potentially Oklahoma, would likely also create the 4680 batteries when they come online, and Tesla proclaims are crucial if we want EVs that sell for $25,000.

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