Tesla is exerting pressure on its battery supplier Panasonic to accelerate the construction and production at its Kansas plant in response to the increasing demand for electric vehicle cells in the U.S. The initiative highlights Tesla's strategic shift to enhance its domestic supply chains amid persistent U.S.-China trade restrictions. Panasonic's CEO acknowledged the urgency dictated by Tesla, emphasizing robust demand for batteries. This collaboration is positioned to increase Tesla's U.S. production capacity significantly by 2027, reinforcing Panasonic's essential role in the American EV sector.
As we've been told by our customer to get Kansas moving quickly, we're hurrying to do so...There are risks, but we are planning on robust demand for batteries from our main customer as of now.
We've been working very hard to expand battery cell production in the US, both with vendors and what Bonnie mentioned earlier with the 4680 program.
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