Project Traits

State: Kansas

Congressional District: KS03

Organization Type: Commercial

Partner Organization(s) Type: None or Unknown

Energy Sector: Energy Storage,

Energy Subsector: EV Batteries,

Project Start Year: 2022

Project Launch Year: Unknown

Government Support Received: State Grant [Attracting Powerful Economic Expansion state incentive] for Unknown Amount

Outcomes & Impacts

Private Investment: $4,000,000,000

Jobs Announced or Created: 4,000

People Served: Unknown

Panasonic Energy plans to develop the lithium-ion battery manufacturing project at a property in Kansas, which is expected to drive significant economic activity and opportunities for the local economy and could create up to 4,000 new jobs and result in an investment of approximately $4 billion. The company has identified a site in DeSoto, Kansas for this project.

Panasonic estimates that the project's annual economic impact will be $2.5 billion, and retail sales in De Soto have already surged by 128 percent.

The average manufacturing wage for this project will be 31% higher than the state's median income.