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Problems with Tesla, tariffs, and tax breaks have electric vehicle investors worried, even as Panasonic unveiled a massive new battery plant in De Soto, Kansas, on Monday. Leaders at the factory say it’s just a bump in the road.
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Experts say the Panasonic plant could tap the brakes on hiring while it waits out economic uncertainty. The company can still collect hundreds of millions of dollars from Kansas even if it does.
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The changing political landscape around clean energy makes for an uncertain future for Kansas students training for jobs at the multi-billion-dollar Panasonic Energy plant in De Soto, Kansas.
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The state anticipated about $66 million over five years to implement more charging infrastructure for the thousands of electric vehicles on Oklahoma roads.
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Love’s Travel Stops will put more ethanol fuel infrastructure in place and add EV charging stations to multiple locations.
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The new registration fee is meant to make up for the state’s lost revenue from gasoline taxes that are used to pay for road construction and maintenance.
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The $408 million approved Tuesday by the Federal Highway Administration will help build a network of charging facilities every 50-70 miles along certain major Texas highways.
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“Lithium has always been his Achilles heel, and now he knows the scope of the problem.”
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A federal climate bill aims to press carmakers to assemble cars in North America and to source or recycle certain components here. Panasonic Energy plans to build a $4 billion electric vehicle power plant in a small town outside of Kansas City.
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State officials announced that Panasonic Energy chose the northeast Kansas town of roughly 6,000 people for the plant because of the state's tax rates and taxpayer incentives.