TOKYO, June 8 (Reuters) - Panasonic Holdings ( PCRFF ) said
on Monday it plans to start mass production of battery cells for
data centre applications at a plant in the U.S. state of Kansas
in the financial year 2028, which ends March 2029.
Here are some details:
* The company said it would allocate about 350 billion yen
($2.18 billion) of its previously announced 500 billion yen
investment in AI infrastructure over fiscal 2026-2028 to its
Energy unit, which supplies Tesla, and 150 billion yen
to its Industry segment.
* Panasonic Energy also plans to build a third plant in
Mexico with mass production scheduled for the fiscal year 2027.
* Panasonic Energy CEO Kazuo Tadanobu said the unit's 950
billion yen sales target for data centre-related energy storage
systems in the 2028 financial year was a "minimum commitment",
adding that the business would aim to lift sales to more than 1
trillion yen.
($1 = 160.1900 yen)