--- title: "The Log" canonical: "https://anchor.is/the-hysteresis/issue/2/the-log" publication: "The Hysteresis" publisher: "The Hysteresis" language: "en-US" guide: "https://anchor.is/the-hysteresis/llms.txt" permalink: "https://anchor.is/the-hysteresis/issue/2/the-log" issue: 2 section: "the-log" description: "What was announced, built, and cancelled" authors: ["Ronan Adike","Elise Huan-Cartwright"] published: 2026-06-09 updated: 2026-06-09 articles: 9 --- # The Hysteresis > The Hysteresis exists to give a small cross-functional team — strategy, investment, and procurement — a shared weekly instrument for reading the battery supply chain earlier than consensus. Success means the team consistently identifies inflection points in cell pricing, supplier health, and policy enforcement weeks or months before they surface in earnings calls, annual surveys, or trade press. The commercial mechanism is internal-first: the publication proves itself as a decision tool inside the organization, then extends to paid subscribers and a practitioner community as upside. Revenue follows utility — if the team makes better-timed procurement calls and competitive assessments because of what they read here, the publication earned its place. [Read on the website]() ## Issue 2 — The Log What was announced, built, and cancelled ### The Ramp That Worked - [Panasonic De Soto: 32 GWh Facility Ramping, Second Wing Under Construction]() — Published 2026-06-09 Panasonic Energy began mass production of 2170 cylindrical cells at De Soto, Kansas on 2025-07-14 (Panasonic Energy press release). By 2026-02-03, two of eight lines were running, a fourth starting up, plant approaching 50% capacity with 1,400 workers on site (Kansas Reflector, citing VP of HR). Second wing construction underway; two of four additional lines expected operational 2027. ### The Ohio Pause Audit - [Ultium Cells Ohio — Three Return Dates, One Demand Problem]() — By [Ronan Adike]() · Published 2026-06-08 · Format: The Stated vs. Observed Audit Ultium Cells Ohio is now the sole remaining NCMA EV cell plant in the GM-LGES joint venture. It has posted three return dates for 850 temporarily laid-off workers — January, June, August — each broken by the same constraint. GM sold 25,900 EVs in Q1 2026; six of seven NCMA vehicle lines declined year-over-year, with Blazer EV down 83%. The company's own internal language has shifted from "facility upgrades" to "electric vehicle market." The stated status is temporary pause. The ledger below tests that characterization against observable signals. ### The LGES Supply Chain - [The LGES BESS Ecosystem and the $1.75 Billion Tax Credit Question at Its Center]() — By [Elise Huan-Cartwright]() · Published 2026-06-09 · Format: The LGES Supply Chain LG Energy Solution has assembled three dissolved EV joint ventures into a single BESS supply chain with named customers and disclosed contract values: Spring Hill supplying cells for a $1.6 billion DTE Energy deal, Lansing converting to LFP for Tesla Megapack 3 under a $4.3 billion agreement, NextStar Windsor already producing. At full utilization, the 45X cell production credit across these US facilities would be worth approximately $1.75 billion annually. Whether LGES's corporate structure qualifies, given that cells move from LGES manufacturing entities to its own subsidiary LGES Vertech, is the load-bearing policy question no public source resolves. ### The Kentucky Evidence Gap - [Ford Energy Kentucky at Day 176 — What the Record Shows and What It Doesn't]() — By [Elise Huan-Cartwright]() · Published 2026-06-09 · Format: The Kentucky Evidence Gap Ford announced a $2 billion conversion of its Kentucky battery plant from EV cells to BESS on December 15, 2025, targeting 20 GWh by late 2027. At day 176, one-third of that timeline, the corporate milestones are substantial: subsidiary launched, product specified, first named customer signed (EDF, up to 20 GWh over five years), DOE loan restructured at $3.805 billion, $1.5 billion in 2026 capex guided. Physical evidence of retooling — permits, equipment orders, contractor awards, construction activity — has not surfaced. Ford took legal ownership of the plants on May 20. Five of the six elapsed months were consumed by JV dissolution, not conversion. What follows checks every observable category against the public record, names what was searched, and marks the gap between expected and actual at each point. ### Further Reading - **New IRS MACR Guidance: What It Means for Section 45X Advanced Manufacturing Production Tax Credits** — [Source]() — Published 2026-06-09 Authoritative legal parse of Notice 2026-15. Names the PFE definition gap, 10-year recapture mechanics, and safe harbor table timeline that 45X claimants still cannot resolve. - **FEOC Rules and Energy Storage Tax Credit Eligibility** — [Source]() — Published 2026-06-09 Surfaces the ownership-threshold verification problem for public companies with complex structures. Directly relevant to Korean-listed JV cell makers claiming 45X or supplying 48E-eligible projects. - **Battery Storage for Data Centers in 2026: FEOC Compliance, FERC Co-Location, and the Deals Getting Done Now** — [Source]() — Published 2026-06-09 Covers the 10 GW safe-harbor rush, FERC interconnection cost allocation, and market conventions forming around FEOC certification for BESS. The FERC co-location economics are a variable this issue flags but doesn't develop. - **LG and GM Pivot Ultium Cells JV to LFP Battery Production for U.S. Storage Market at Tennessee Plant** — [Source]() — Published 2026-06-09 Most comprehensive single report on Spring Hill's LFP conversion, the LGES Vertech supply network across five facilities, and the 80% North American ESS capacity target. - **EV Sales Decline Slows in First Quarter of 2026, Share Stabilizes Near 6%** — [Source]() — Published 2026-06-09 Primary source for the demand signal behind the EV-to-BESS pivot. Q1 2026 shows a 27% YoY decline decelerating from 36%, but 130 days of dealer inventory suggests the floor remains below current production rates. ## Other sections in Issue 2 - [Signal]() - [China]() - [Korea]() - [Defense]() - [Qualification]() ## More - [Publication guide]() - [Issue archive]()