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Panasonic Hits Hard: a $4 Billion Mega-Investment to Dominate the Battery Market
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Panasonic, an electronics giant, revealed that it was going to invest about $4 billion to build a lithium-ion battery plant in De Soto, near Kansas City, Kansas, United States. This project marks a milestone in the state's economic development and confirms the trend towards electrification of the global automotive sector. The new plant is expected not only to boost the local economy, but also to seriously change the supply chain for electric veh…
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