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Panasonic finalising choice of U.S. state for battery plant

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© Reuters. FILE PHOTO: A person is mirrored on Panasonic’s emblem at Panasonic Middle in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon/File Photograph

TOKYO (Reuters) – Japan’s Panasonic (OTC:) Holdings Corp, which makes batteries for electrical automotive maker Tesla (NASDAQ:), is finalising a call on which U.S. state it’s going to select as the positioning for a brand new battery plant, a prime govt stated on Friday.

“We have been making numerous concerns, however we’re beginning to finalise,” stated Panasonic Power Chief Government Officer Kazuo Tadanobu, chatting with reporters throughout a spherical desk occasion. No determination had been made but, he added.

The Japanese conglomerate is potential manufacturing facility websites in Kansas and Oklahoma to produce the batteries to the U.S. electrical automaker’s plant in Texas, two folks with data of the plan have stated.

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