--Panasonic Corp. is planning to acquire land in the U.S. for a plant to produce new lithium-ion batteries for Tesla Inc., Japan's public broadcaster NHK reported Friday citing unnamed sources.

--Panasonic is considering spending billions of dollars on construction and equipment for the plant in either Oklahoma or Kansas, the NHK report said.

Full story: https://www3.nhk.or.jp/news/html/20220304/k10013513001000.html (Japanese)

Write to Kosaku Narioka at kosaku.narioka@wsj.com

(END) Dow Jones Newswires

March 03, 2022 19:27 ET (00:27 GMT)

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