Panasonic

Panasonic’s De Soto plant shifting gears, adding data center energy storage alongside EV battery work

Panasonic plans to repurpose production lines at its De Soto, Kansas plant to produce energy storage systems for data centers, alongside its existing EV battery work. This strategic shift is part of a $2.18 billion global investment, with the first data center battery cells anticipated by mid-to-late 2028 or early 2029. The move is influenced by changes in federal tax credits, a drop in EV sales, and state sales and use tax exemptions for data centers in Kansas.