Panasonic announces game-changing plan to give old EV batteries new purpose: ‘It would be a big step toward winning in the EV battery market’

URLhttps://finance.yahoo.com/news/panasonic-announces
SourceYahoo Finance
Date Published10/28/2023

Additional Reshoring Information:

Company/Division name Panasonic Energy
Parent companyPanasonic Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Country(ies) from which reshored:Japan
City reshored to:DeSoto
State(s) reshored to:KS
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredEV batteries from recycled
What non-domestic negative factors made offshoring less attractive?Green considerations, Supply chain interruption
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