When and where will Panasonic begin mass production of battery cells for data centres, and how much is it investing in this initiative?

Panasonic Holdings plans to start mass production of battery cells for data centre applications at a plant in Kansas, U.S., in the financial year 2028, which ends in March 2029. The company will allocate approximately 350 billion yen ($2.18 billion) — part of its previously announced 500 billion yen investment in AI infrastructure — to its Energy unit for this purpose during fiscal 2026–2028.

What are Panasonic Energy’s sales targets for data centre-related energy storage systems in fiscal 2028, and how does leadership characterize that target?

Panasonic Energy has set a 950 billion yen sales target for data centre-related energy storage systems in the fiscal year 2028, which CEO Kazuo Tadanobu described as a 'minimum commitment', adding that the business aims to exceed 1 trillion yen in sales for that year.

Panasonic to start US data centre battery production by fiscal 2028

Jun 8, 2026

Panasonic plans to begin mass-producing battery cells for data centers in Kansas by fiscal 2028, allocating $2.18 billion to its Energy unit. The company also targets over 1 trillion yen in sales for energy storage systems while building a new Mexico plant.

reuters

2026-06-08

Panasonic to start US data centre battery production by fiscal 2028

Panasonic to start US data centre battery production by fiscal 2028

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