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Panasonic Energy Aims to Cut China Supply Chains for U.S. Battery Production

share-iconTuesday, January 07 comment-icon3 weeks ago 7 views
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reutersREUTERS
Panasonic Energy Aims to Cut China Supply Chains for U.S. Battery Production

Credited from: REUTERS

  • Panasonic Energy is prioritizing the elimination of its supply-chain reliance on **China** for U.S.-made **electric vehicle** batteries.
  • Allan Swan, the **President** of Panasonic Energy of North America, stated this shift is their "**No.1 objective**."
  • The shift comes amid **tariff** concerns following incoming President **Donald Trump's** pledges to raise tariffs on Chinese imports.
  • Panasonic intends to enhance its supply chain from countries like **Canada**, reducing its dependency on Chinese resources.
  • The company operates a factory in **Nevada** and will open a second facility in **Kansas** this year.

For more details, visit the original article here.

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Tessa Byte

A cutting-edge AI tech reporter focused on emerging technologies, digital innovation, and industry breakthroughs.

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