The political implications are far more important than rural America biz news.
And so we consider . . .
DID THIS EPIC TECH INVESTMENT HURT THE KANSAS REPUBLICAN EFFORT TO REPLACE THE DEMOCRATIC GUV?!?!
Consider . . .
In this economy . . . Creating jobs and BRINGING HOME THE BACON is more important than any other concern. Guv Kelly is clearly pushing this facet of her administration.
Even better . . .
This is glamorous work and something that might build a bit of excitment about the tech future in the Sunflower State.
Of course the response from the right-wing will focus on culture war and hope that the midterm red wave will motivate hard-line voters . . . Smarter Republican pundits will focus on tax break cooperation from the GOP-controlled Kansas House & Senate and do their best to sneak into triumphant announcement & groundbreaking pictures.
Here's part of the story . . .
"An official announcement on the new factory and where it will be located are expected to come early Wednesday evening from Kansas officials.
"The move comes amid a flurry of competition from countries and companies trying to meet the rising demand for electric vehicles.
"Nikkei says the Japanese company picked the new facility's site based on factors including its proximity to Texas and favorable tax breaks.
"Kansas reportedly beat out Oklahoma as a candidate for the new battery factory. Panasonic has previously announced a desire to more than triple its EV battery production capacity by the 2028 fiscal year. "
Read more via www.TonysKansasCity.com links . . .
TOPEKA, Kan. - A new electric vehicle battery factory is coming to Kansas, along with billions of dollars of investment. Panasonic Corp. announced the plan Wednesday, and said workers at the factory will make high-capacity batteries for Tesla, according to a report by Nikkei Asia.
July 13 (Reuters) - Panasonic Holdings Corp will invest several billion dollars in a factory in Kansas to supply a new high-capacity battery for Tesla's electric vehicles, Nikkei reported on Wednesday. The Japanese conglomerate aims to triple or quadruple EV battery production capacity by fiscal 2028 from the current level of roughly 50 gigawatt-hours per year, according to the report.
Panasonic Holdings is set to invest several billion dollars in Kansas with a new electric vehicle battery factory.News outlet Nikkei reports that Panasonic's second U.S. plant will supply a new high-capacity battery for Tesla, Nikkei has learned.An official announcement on the new factory and where it will be located are expected to come early Wednesday evening from Kansas officials.
Developing . . .