New Panasonic battery plant announces major new deal

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Panasonic’s $4 billion plant near Kansas City has yet to be completed and the company announced a major battery deal with Lucid Motors.

The plant is the one that Oklahoma hoped to land earlier in 2022 but failed and now Panasonic is pushing ahead with contracts.

The Kansas City Business Journal reported the new plant, to be built in De Soto, Kansas will provide batteries for Lucid Motors’ Air and a new SUV called the Gravity.

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