Panasonic has announced it will begin building its EV battery

AI Thread Summary
Panasonic has announced plans to build a new facility in DeSoto, Kansas, to produce cylindrical Li-ion batteries for electric vehicles, with mass production expected to start by March 2025. The decision to locate the plant in Kansas is believed to be influenced by the state's governor, who actively promoted the initiative. The site is likely chosen for its favorable transportation infrastructure, including rail access. The investment in the plant is significant, amounting to $4 billion. This development marks a notable shift in the region's industrial focus towards electric vehicle technology.
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Nice. Do you have any idea why they chose that location? Does it have good rail transportation nearby?

The company made the announcement overnight. The new facility will produce cylindrical Li-ion batteries for electric vehicles. Mass production is targeted to begin by the end of March 2025.
 
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