Panasonic to Begin U.S. Data Center Battery Production in Fiscal 2028
Panasonic Holdings announced plans to start mass production of battery cells for data center applications at a plant in Kansas by fiscal year 2028, which ends March 2029. The company will allocate part of its $2.18 billion investment into AI infrastructure over the next two years toward this initiative and also aims to build a third energy storage facility in Mexico.
Tickers: $TSLA
Topics: AI infrastructure investment battery production data centres Panasonic Energy