WSJ News Exclusive | Tesla Supplier Panasonic Plans Additional $4 Billion EV Battery Plant in U.S.

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WSJ News Exclusive | Tesla Supplier Panasonic Plans Additional $4 Billion EV Battery Plant in U.S.
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One of Tesla’s most important suppliers is in talks to build a roughly $4 billion EV battery plant in Oklahoma, not far from Tesla’s factory in Texas

Oklahoma is top contender for new site after Kansas won earlier investment

President Biden’s Inflation Reduction Act calls for at least 50% of an electric vehicle’s battery to be made in the U.S. to qualify for a federal discount. WSJ’s George Downs breaks down a battery to explain why that’s going to be a challenge. Illustration: George Downs

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