Tesla Supplier Panasonic Plans Additional $4 Billion EV Battery Plant in U.S.

TOKYO—Panasonic Holdings a provider to electric-vehicle maker Tesla is in discussions to construct a further roughly $4 billion EV battery plant within the U.S., in accordance with individuals aware of the matter.

The Japanese firm is Oklahoma as the placement for its new plant, although there are not any ensures that an settlement will likely be reached, the individuals stated.