Specializes in cylindrical lithium-ion cells for automotive use, including 1865 and 2170 formats known for reliability and performance, and developing 4680 cells for higher energy density and improved range. Partners with Sila for next-generation silicon anode materials and with NOVONIX for sustainable graphite. Utilizes advanced quality control systems and automated, high-safety production lines.
Produces cylindrical lithium-ion battery cells in 1865 and 2170 formats, with upcoming 4680 cells. Key features include high reliability, energy density, and performance improvements to support electric vehicle range and efficiency.
As of 2025, constructing a 300-acre, $4 billion manufacturing facility in De Soto, Kansas, to boost global lithium-ion capacity by 60%, employing 4,000–4,500 staff and focusing on 2170 cells. Partnered with Redwood Materials for battery recycling and launched the Panasonic GREEN IMPACT mission targeting net-zero CO2 emissions by 2030.
Panasonic Energy of North America operates as a subsidiary of Panasonic Energy Co., Ltd., whose shares are traded via Panasonic Holdings Corporation. Recent strategic commitments include a projected $4B investment in a new EV battery facility in De Soto, Kansas, supported by government incentives. Local economic benefits tied to this development are estimated at $400M in combined infrastructure and municipal revenues, including $19.4M in special assessment taxes and $3.7M in annual franchise fees. In a strategic partnership with Nouveau Monde Graphite, Panasonic Energy has subscribed to NMG common shares and warrants totaling $25M, with the option to increase its commitment up to $150M. Detailed subsidiary-level financials are consolidated within Panasonic Holdings’ reports. The medium-term strategy targets a post-investment ROIC above 10.0% by FY2027 and annual operating cash flows exceeding 300B yen beginning in FY2029.
