A: Hey there! Heard any interesting news lately?
B: Not much really, why?
A: Well, seems like Panasonic's plans in the U.S. might change a bit due to Tesla's slow EV sales.
B: What do you mean? Didn't they open that new battery plant in Kansas?
A: Yep! They did, but it looks like they won't be running at full capacity by the end of March 2027 as initially planned. Remember, they invested a lot in that facility to supply Tesla with batteries.
B: Oh, I remember now! That's quite a big investment though...
A: Yeah, it is! But Tesla announced that their global sales have dropped by 13% over the past two quarters. This might be causing some concerns for Panasonic.
B: Hmm, so consumers are boycotting Tesla because of Elon Musk's politics?
A: Seems like it! Plus, there's tough competition from other EV makers too. But wait, I heard something about the U.S. market stagnating because of the Trump administration rolling back incentives for electric vehicles...
B: Ouch! Looks like Tesla is going through a rough patch right now...
----------------
Sluggish sales at electric vehicle maker Tesla are forcing officials at Panasonic Holdings to rethink their plans in the United States. They're expected to delay full production of EV batteries at a new plant in Kansas.
The Japanese firm has invested about 4 billion dollars in the facility, mainly to supply Tesla with batteries. Panasonic has another battery plant in Nevada.
Sources say the firm has effectively postponed plans to have the Kansas plant running at full capacity by the end of March 2027.
Tesla said on July 2 that global sales in the April-June period dropped 13 percent from the same period the year before. The announcement marks two straight quarters of decline.
Some consumers are boycotting the brand in light of the political activities of chief executive Elon Musk.
Tesla is also facing tough competition from other EV makers.
The Trump administration is rolling back incentives for people to buy electric vehicles, raising concerns about the US market stagnating.
B: Not much really, why?
A: Well, seems like Panasonic's plans in the U.S. might change a bit due to Tesla's slow EV sales.
B: What do you mean? Didn't they open that new battery plant in Kansas?
A: Yep! They did, but it looks like they won't be running at full capacity by the end of March 2027 as initially planned. Remember, they invested a lot in that facility to supply Tesla with batteries.
B: Oh, I remember now! That's quite a big investment though...
A: Yeah, it is! But Tesla announced that their global sales have dropped by 13% over the past two quarters. This might be causing some concerns for Panasonic.
B: Hmm, so consumers are boycotting Tesla because of Elon Musk's politics?
A: Seems like it! Plus, there's tough competition from other EV makers too. But wait, I heard something about the U.S. market stagnating because of the Trump administration rolling back incentives for electric vehicles...
B: Ouch! Looks like Tesla is going through a rough patch right now...
----------------
Sluggish sales at electric vehicle maker Tesla are forcing officials at Panasonic Holdings to rethink their plans in the United States. They're expected to delay full production of EV batteries at a new plant in Kansas.
The Japanese firm has invested about 4 billion dollars in the facility, mainly to supply Tesla with batteries. Panasonic has another battery plant in Nevada.
Sources say the firm has effectively postponed plans to have the Kansas plant running at full capacity by the end of March 2027.
Tesla said on July 2 that global sales in the April-June period dropped 13 percent from the same period the year before. The announcement marks two straight quarters of decline.
Some consumers are boycotting the brand in light of the political activities of chief executive Elon Musk.
Tesla is also facing tough competition from other EV makers.
The Trump administration is rolling back incentives for people to buy electric vehicles, raising concerns about the US market stagnating.
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Summary
Panasonic's battery plant in Kansas, built to supply Tesla, may not reach full capacity by March 2027 due to Tesla's declining sales. The Japanese firm has invested around $4 billion in this facility and another one in Nevada. According to reports, Tesla's global sales dropped by 13% over the last
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ID: 706f3b8b-0b34-4a45-b7b2-66764e5b9850
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20250712_05/
Date: July 12, 2025
Created: 2025/07/13 07:02
Updated: 2025/12/08 03:23
Last Read: 2025/07/13 08:52