Kansas State Sen. Mike Thompson Seyz 'I Told You So' After De Soto Panasonic Plant Delay

Sadly, it seem the EV revolution isn't going to save rural Kansas. 

Here's what Kansas State Senator Mike Thompson had to day in the aftermath . . . 

"I voted against using taxpayer dollars to subsidize the Panasonic plant because I knew that EVs were not going to be the panacea everyone thought they would...now we have verification. Plus, taxpayers should not carry the risk when a private company wants to build. Entrepreneurship has been supplanted by convincing a council, commission, or legislature of some pie-in-the-sky plan that sounds good, but is economically illogical. Smoke, mirrors, and slick marketing trumps objectivity far too often.

"I hope the city fathers of De Soto haven't counted too many chickens before they have hatched . . ."

Read more via www.TonysKansasCity.com link . . .

Panasonic to postpone US EV battery plan on slow Tesla sales, Nikkei says

Panasonic Holdings plans to postpone its plan to bring its new electric vehicle battery plant in the U.S. state of Kansas to full capacity by March 2027 as Tesla , its main customer, is experiencing sluggish sales, the Nikkei business daily said on Friday.