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Panasonic starts vertical construction on $4B battery plant in De Soto

April 27, 2023 by Ellen Cagle

Panasonic Energy Co. Ltd. started vertical construction this week in De Soto on its $4 billion electric-vehicle battery plant, moving on from about six months of preliminary site work. Workers erected the facility's first steel beam on Wednesday, according to a release. They finished moving 4.5 million cubic yards of earth, a process that started in November. Two Panasonic officials came to the site for the occasion. Panasonic Allan Swan, president of Panasonic Energy of North America and Carl…

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