You cannot make up this Idiocracy.
A new electric vehicle battery factory in Kansas will require so much energy that a coal plant slated for closure will now remain open, plus it will be expanded. Panasonic is building a $4 billion EV battery factory in De Soto, Kansas. The upcoming lithium-ion battery manufacturing facility is expected to start mass production of EV batteries by the end of March 2025.
Despite the massive $4 billion price tag for the 2.7 million square foot Panasonic facility, the Japanese company is "poised to get as much as $6.8 billion from provisions in last year's federal Inflation Reduction Act," according to a July report from the Kansas City Star. The Japanese company is expected to receive state and local incentives pushing the total financial incentives to as much as $8 billion.
This massive EV battery factory will require enormous amounts of power. So much energy, in fact, that a local coal-fired plant will be expanded and the life of the plant will be extended.
They don't want you to see this … Big Tech does its best to limit what news you see. Make sure you see our stories daily directly to your inbox.
The EV battery factory will reportedly require between 200 and 250 megawatts of electricity to operate roughly the same amount of power needed for a small city.
The plant in Lawrence is owned by Evergy an investor-owned energy company servicing more than 1.6 million customers across Kansas and Missouri.
A new electric vehicle battery factory in Kansas will require so much energy that a coal plant slated for closure will now remain open, plus it will be expanded. Panasonic is building a $4 billion EV battery factory in De Soto, Kansas. The upcoming lithium-ion battery manufacturing facility is expected to start mass production of EV batteries by the end of March 2025.
Despite the massive $4 billion price tag for the 2.7 million square foot Panasonic facility, the Japanese company is "poised to get as much as $6.8 billion from provisions in last year's federal Inflation Reduction Act," according to a July report from the Kansas City Star. The Japanese company is expected to receive state and local incentives pushing the total financial incentives to as much as $8 billion.
This massive EV battery factory will require enormous amounts of power. So much energy, in fact, that a local coal-fired plant will be expanded and the life of the plant will be extended.
They don't want you to see this … Big Tech does its best to limit what news you see. Make sure you see our stories daily directly to your inbox.
The EV battery factory will reportedly require between 200 and 250 megawatts of electricity to operate roughly the same amount of power needed for a small city.
The plant in Lawrence is owned by Evergy an investor-owned energy company servicing more than 1.6 million customers across Kansas and Missouri.