TOKYO—Japan’s Panasonic Holdings Corp., which makes batteries for electric car maker Tesla, is evaluating which U.S. state it will choose as the site for a new battery plant, a top executive said on Friday. “We’ve been making various considerations, but we are starting to evaluate,” said Panasonic Energy Chief Executive Officer Kazuo Tadanobu, speaking to…
Tennessee Considering $900M Ford Incentive Package
NASHVILLE, Tenn.—Tennessee is poised to spend approximately $900 million of its tax revenues on incentives, infrastructure projects and more under an agreement with Ford Motor Co., which has announced plans to build an electric vehicle and battery plant near Memphis. The sweeping spending package must be approved by the Republican-led General Assembly, which began the…
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