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How Trump’s views on climate raise questions for Kansas’ biggest bet: a $4B Panasonic plant in De Soto

Summary by Flatland KC
The question is whether a sprawling new EV battery plant will be able to ramp up production to its full potential if President Donald Trump executes his plan to remove sizable industry subsidies and EV car buyers’ tax incentives. “This is the $1000 question for us,” said Panasonic’s Jeff Werner. “What’s going to happen?”

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The Business JournalsThe Business Journals

Panasonic's EV-battery plant in De Soto eyes spring start, 1,000 jobs by summer

Panasonic's gigantic EV-battery plant in De Soto anticipates coming online in the spring. By summer, it expects to have 1,000 employees cranking up production even as construction continues.

·United States
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Flatland KCFlatland KC

How Trump’s views on climate raise questions for Kansas’ biggest bet: a $4B Panasonic plant in De Soto

The question is whether a sprawling new EV battery plant will be able to ramp up production to its full potential if President Donald Trump executes his plan to remove sizable industry subsidies and EV car buyers’ tax incentives. “This is the $1000 question for us,” said Panasonic’s Jeff Werner. “What’s going to happen?”

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The Business Journals broke the news in United States on Friday, January 31, 2025.
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