Japanese electronics manufacturer Panasonic is rethinking production timelines for its battery plant in Kansas amidst shifting politics in the U.S. and a decline in battery electric vehicle (BEV) sales. First announced in 2022, the $4 billion De Soto battery production plant was billed as the biggest economic development project in Kansas history. After two years of construction, the 4.7 million-square-foot facility was launched with much aplomb on July 14 in a grand opening that featured a traditional Japanese ceremony for marking new beginnings. 

Panasonic isn’t the only firm likely to be impacted by the change in federal policy in the U.S. EV makers like Mullen Automotive Inc. (NASDAQ: MULN) now have additional headwinds to…

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NOTE TO INVESTORS: The latest news and updates relating to Mullen Automotive Inc. (NASDAQ: MULN) are available in the company’s newsroom at https://ibn.fm/MULN 

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