Panasonic Will Invest $700 Million To Make Next-Generation Batteries For Tesla

Panasonic Will Invest $700 Million To Make Next-Generation Batteries For Tesla

1/24/2022 11:06:00 PM

Panasonic Will Invest $700 Million To Make Next-Generation Batteries For Tesla

Panasonic will invest $700 million to expand a factory in Japan to produce 4680 battery cells for Tesla products.

developed by Tesla. When completed, the factory will be capable of producing about 10 gigawatt-hours per year of the new batteries, enough to power about 150,000 electric vehicles. That is about 20% of the company’s total battery manufacturing capacity from its factories in Japan, the US, and other countries.

The 4680 batteries cost 10% to 20% less to manufacture and have about a 15% higher energy density than the lithium-ion batteries that Tesla has been using to date. The extra energy density means a Tesla Model S would have a range of 750 kilometers, versus 650 kilometers today. Panasonic says the first batteries should be produced early next year.

Read more: CleanTechnica »

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And Tesla will pay $$$$ billions to Panasonic to pay for the investment....... interesting panasonic “The 4680 batteries cost 10 - 20% less to manufacture and have about a 15% higher energy density than the lithium-ion batteries that Tesla has been using to date, which means a Tesla Model S would have a range of 750 kilometers, versus 650 km now.”

Actually, Panasonic sells to anyone. It’s a standard, not proprietary. Planned redesign to accommodate new batteries 🔋 That 4680 is THICC. I thought we were already on our way to making these? are we now waiting for Panasonic to start manufacturing these to use them? They need Nickel for those batteries. $TLOFF TalonMetals

Panasonic will reportedly start mass producing next-gen Tesla batteries in 2023Tesla also hopes to produce the batteries in-house. Panasonic lives another day Kabse sun raha hoon yaar, hun start vi kardeyo Ok

Panasonic's higher-capacity Tesla battery could enter production in 2023 | EngadgetThe 4680 cells could boost EV ranges by over 15 percent and reduce costs.. Higher capacity is good. Fast charge times would be better. Spending 5 minutes 0-100%, not hours. Part of the reason I’m waiting a few years to buy a Tesla (or any EV) oh and the fact of affordability

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