Panasonic Shifts Batteries to Data Centers

Panasonic is pivoting its De Soto plant from EV batteries to data center energy storage, part of a $2 billion global push targeting rollout by 2028-2029. This shift responds to slowing EV sales and changing tax credits, as giants like GM also realign toward data centers. The Kansas facility — the state’s largest private investment — was built for flexibility, allowing Panasonic to balance EV commitments with rising demand for grid-scale storage. They’re keeping production lines open to market needs, proving agility in a rapidly evolving energy landscape. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/263880ca1396e17a