Panasonic Energy's Bold Move: Cutting China Supply Chain for US Battery Production

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Panasonic Energy is shifting its battery supply chain away from China to the United States due to geopolitical tensions and potential trade policy changes. The company plans to open a new manufacturing plant in Kansas, source raw materials from international suppliers, and take advantage of U.S. government subsidies. This move aligns with the trend of localizing supply chains and reflects a broader industry shift in response to global economic uncertainties and trade dynamics.Panasonic Energy, a critical battery supplier for Tesla, is aggressively pursuing a strategic shift to reduce its supply chain dependence on China for United States battery production. Allan