Tesla Can Now Make Enough 4680 Batteries for 1,000 Cars Per Week
Tesla recently hit a new milestone in the production of its next-generation 4680 battery cells, manufacturing a whopping 868,000 cells in a week for the first time ever. That’s enough to make 4680 battery packs for 1,000 cars. “Congrats to the 4680 cell team on achieving 868k cells built in the last 7 days—equal to […]
Honda, LG Chem to Partner on $3.4 Billion EV Battery Plant in the U.S., Report Says
Japanese automotive giant Honda Motor Co. Ltd. will be partnering with LG Energy Solution (LGES), LG Chem’s battery subsidiary, on a joint venture for battery production in the U.S. that could cost up to $3.4 billion USD — reports Automotive News. The news comes from South Korea’s Maeil Business Newspaper and is based on a […]
Tesla to Get $1 Billion Euros in Subsidies from German Government: Report
A new European effort to manufacture cell batteries was announced last month, and zero-emissions car companies may stand to benefit greatly from the initiative. Tesla may receive up to 1 billion euros ($1.2 billion USD) of public funding from Germany to build a battery cell factory near Berlin, as reported by Business Insider (via Reuters). […]