Panasonic Evaluating Choices of US State for Battery Plant: Executive

Panasonic Evaluating Choices of US State for Battery Plant: Executive
A man is reflected on Panasonic's logo at the Panasonic Center in Tokyo on Feb. 2, 2017. Kim Kyung-Hoon/Reuters
|Updated:

TOKYO—Japan’s Panasonic Holdings Corp., which makes batteries for electric car maker Tesla, is evaluating which U.S. state it will choose as the site for a new battery plant, a top executive said on Friday.

“We’ve been making various considerations, but we are starting to evaluate,” said Panasonic Energy Chief Executive Officer Kazuo Tadanobu, speaking to reporters during a round table event. No decision had been made yet, he added.