Panasonic's Bold Move: Cutting China Out of the U.S. Battery Supply Chain by 2025
In a daring shift, Panasonic Energy, a key supplier for Tesla, is planning to eliminate all China-sourced materials for its U.S. battery production by 2025. The move, aimed at countering potential tariffs from Trump-era policies, will see Panasonic partnering with U.S. suppliers and paving the way for Japanese and Korean suppliers to set up operations stateside.
Jan 7