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HomeLatest NewsACS will build an electric car battery plant for Panasonic

ACS will build an electric car battery plant for Panasonic

Date: March 24, 2023 Time: 09:36:50

Turner, a US subsidiary of ACS, has been awarded a joint venture contract with Yates to build an electric vehicle battery factory in Kansas (United States), which has an associated investment of 4,000 million dollars (3,770 million euros). .

This is a plant that will start operating in March 2025 and will reach an annual production of 30 gigawatt hours (GWh), with which Panasonic seeks to continue reducing its carbon footprint, with the aim of being practically emission neutral by 2030 and avoid a total of 300 million tons of CO2 by 2025. The group chaired by Florentino Pérez, through its network of subsidiaries distributed throughout the world, has already won several similar battery contracts in both the United States and Australia .

Projects throughout the United States

Specifically, Turner will also build a battery factory in Ohio for a ‘joint venture’ formed by Honda and LG Energy Solution, with an estimated budget of 3.4 billion euros, as well as a materials plant for electric vehicle batteries for Ascend Elements. in Kentucky for 950 million.

In Australia, its subsidiary Cimic has been chosen to install the high-voltage infrastructure that will connect a Tesla-supplied battery energy storage system at Neoen’s ‘Western Downs Green Power Hub’.

“We share the common goal of improving environmental performance”

“We are delighted to be part of the team that will deliver this plant to support Panasonic’s environmental goal of meeting the growing demand for high-quality batteries from its partners in the automotive industry. We share the common goal of improving performance and reducing exhaust gases. greenhouse gas emissions and water use,” said Turner Vice President Jim Brownrigg.

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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