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Kansas lands Panasonic Energy for $4B electric vehicle battery megaproject

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Panasonic Energy Co., Ltd.’s planned electric vehicle (EV) battery facility in Kansas could result in an investment of about $4 billion. (Logo courtesy of Panasonic Energy Co., Ltd.)

“Winning this project has shown that Kansas has what it takes to compete on a global scale – and that our pro-business environment is driving the technological innovation needed to achieve a more prosperous and sustainable future,” said Kansas of Kansas. Governor Laura Kelly said.

Topeka, Cannes (PRWEB) July 14, 2022

Today, Kansas Governor Laura Kelly announced that Panasonic Energy Co., Ltd. plans to build a state-of-the-art electric vehicle (EV) battery facility in the Kansas City area.

The largest economic development project in the state’s history, the Kansas Department of Commerce, the Kansas City Area Development Council (KCADC) and its partners shared that the company’s plans could create 4,000 new jobs and result in an investment of approximately $4 billion. could.

Projected to be one of the largest EV battery manufacturing facilities of its kind in the US, the company has identified a site in De Soto, Kansas, for this potential project, pending approval by the Panasonic Holdings Corporation Board of Directors.

“With the growing electrification of the automotive market, expanding battery production in the US is critical to helping meet demand,” said Kazuo Tadanobu, president, CEO, Panasonic Energy. “Given our pioneering technology and depth of experience, we aim to continue the growth of the lithium-ion battery industry and move towards a net-zero emissions future.”

This planned state-of-the-art facility will manufacture and supply lithium-ion batteries and accelerate the future of electric vehicle innovation globally. Panasonic Energy’s current US battery manufacturing operation has shipped more than six billion EV battery cells. Panasonic Energy plans to expand its production of EV batteries as the automotive industry moves to more sustainable electric technologies. The proposed development will boost the regional economy, creating opportunities for suppliers and community businesses.

“As the largest private investment in Kansas history and one of the largest EV battery manufacturing plants of its kind in the nation, this project will be transformative for our state’s economy, providing a total of 8,000 high-quality jobs that are more will help Kansas better live for themselves and their children,” said Kansas Governor Laura Kelly. “Winning this project has shown that Kansas has what it takes to compete globally – and That our pro-business environment is driving the technological innovation needed to achieve a more prosperous and sustainable future.”

Lieutenant Governor and Commerce Secretary David Toland said competition for this milestone project was strong and required a coordinated effort from the state. A key component of that venture was the bipartisan act that drew on the powerful Economic Expansion (APEX) Act earlier this year.

“Once Governor Kelly signed Apex into law,” Toland said, “the state received the economic development tools needed to pursue megaprojects that could transform the Kansas economy. Panasonic saw Kansas as not only a competitor.” but also recognized as the ideal partner for this revolutionary project.

Panasonic Energy selected Kansas because of its friendly business environment, strong talent pool and workforce skills, support for technology innovation, strong transportation infrastructure, and central location. It draws on the strengths of Kansas City’s heritage construction and automotive industry.

“With this major development, Kansas is being recognized around the world for our talented workforce, innovative environment and quality of life,” said US Senator Jerry Moran (Kan.). “Panasonic will bring thousands of well-paying, high-quality jobs to our state that will be a huge economic benefit to local businesses and our communities for decades to come. Kansas will be blessed with industry, defense, education, science, technology, engineering and With the goal of creating a destination for innovation, we will place our students, their knowledge and wisdom in Kansas.

Kansas has an established battery manufacturing sector with seven installations employing approximately 1,300 individuals. The state ranks second in the country for employment and salary concentration in this sector in 2021. With the opportunity to potentially add an additional 4,000 jobs, the deal will make Kansas an industry leader at a time when the sector is predicted to grow annually. rate of 2.4%.

“On behalf of the City Council and the community, I am thrilled to welcome Panasonic Energy to De Soto. The scale of Panasonic Energy’s investment in our community will herald unprecedented generational economic prosperity for the state and region,” said De Soto Mayor Rick Walker said. “We are honored to be a part of this.”

The Kansas City area is the third fastest growing technology market in the US, and a center of engineering, technology, and automotive manufacturing expertise. With a strong talent pipeline and state-of-the-art training programs, the Kansas City market employs approximately 21,000 workers who contribute to the $19 billion KC transportation manufacturing industry.

“Our market strength in EV and technological innovation has made Panasonic Energy the right choice to select the Kansas City area,” said Tim Cowden, Kansas City Area Development Council President and CEO. “This announcement, along with FIFA’s selection of Casey as the 2026 World Cup host city, with our new single-terminal airport coming online and global tech companies investing in the market, is a transformative success in our region globally. strengthens it.”

The following organizations supported the hiring of Panasonic Energy in Kansas: Kansas Department of Commerce; Kansas Department of Transportation; Kansas Department of Health and Environment; Kansas Department of Children and Families; Honorable Rahm Emanuel, US Ambassador to Japan; US Embassy in Tokyo; Kansas Children’s Cabinet & Trust Fund; de Soto city; De Soto Economic Development Council; Evergi; Sunflower Growth Group; KC SmartPort; Johnson County Community College; Kansas City, Kansas Community College; Peace Tech; University of Kansas; Ewing Marion Kaufman Foundation; and the Kansas City Area Development Council.

About Panasonic Energy Co., Ltd.

Panasonic Energy Co., Ltd., was established in April 2022 as part of Panasonic Group’s switch to an operating company system, providing innovative battery technology-based products and solutions globally. Through its automotive lithium-ion batteries, storage battery systems and dry batteries, the company brings safe, reliable and convenient power to a wide range of business sectors, from mobility and social infrastructure to medical and consumer products. Panasonic Energy is committed to contributing to a society that realizes happiness and environmental sustainability, and through its business activities the company aims to address societal issues while being a leader in environmental initiatives. For more information, please visit panasonic.com/global/energy. go to

About the Kansas Department of Commerce

As the state’s premier economic development agency, the Kansas Department of Commerce strives to empower individuals, businesses, and communities to achieve prosperity in Kansas. Commerce fulfills its mission by developing relationships with corporations, site location consultants and stakeholders in the nation and the world. Our strong partnerships allow us to help create an environment for existing Kansas businesses to grow and foster an innovative, competitive landscape for new businesses. Through the successes of Commerce’s project, Kansas was awarded Field Development magazine’s prestigious Gold Shovel Award in 2021 and 2022, and the 2021 Governor’s Cup by Site Selection magazine. , KansasCommerce.gov

About KCADC

The Kansas City Area Development Council (KCADC) serves the 18-county, two-state Kansas City area by marketing the area’s business and lifestyle assets to companies around the world. Working closely with its two states, and more than 50 county and community partners, the region has attracted more than 60,000 new jobs over its 40-plus-year history. Leading the efforts behind KC Animal Health Corridor, KC SmartSport, TeamKC, KC Heartland and KC Global Design, KCADC’s clients consistently rank the organization as the No. 1 economic development group in the country. , thinkkc.com

About Greater Kansas City

Home to 2.6 million people, the Kansas City area is located in the heart of America and boasts of a diverse industry base backed by robust infrastructure and skilled workforce. A hub for manufacturing, technology and logistics, KC has been named the No. 2 North American auto industry business center and ranks among the Top 10 Hottest Job Markets of 2022. , KC.org

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