Panasonic is set to introduce an upgraded version of its electric vehicle battery cells, potentially as early as this year, according to Shoichiro Watanabe, the Chief Technology Officer of the company’s energy business. These enhanced 2170 cells are expected to begin production at the Nevada plant operated jointly with Tesla between 2024 and 2025, reports […]
Japanese electronics giant Panasonic is boosting the production of electric vehicle (EV) batteries at the Nevada Gigafactory, jointly operated with Tesla, its leading consumer. This comes in response to increased demand from Tesla, who has pledged to purchase as many batteries as Panasonic can produce amidst a fiercely competitive EV market, reports Nikkei. The battery […]
Panasonic, a major supplier to Tesla, announced plans to announce a third EV battery production site in North America by March 2024, signaling a significant expansion in the company’s commitment to electric vehicle (EV) manufacturers. This announcement follows the selection of De Soto, Kansas, as the location for a $4 billion battery factory last year. […]
Panasonic announced on Wednesday a delay in the commercial production of its 4680 battery cells, a key component in Tesla’s electric cars, pushing back the start of operations to between April and September 2024. This is a significant deviation from their earlier plan to initiate production between April 2023 and March 2024, reports Reuters. The […]
Tesla supplier Panasonic currently produces around two billion cells per year at its large-scale electric vehicle (EV) battery plant, the first of its kind in the U.S., located at the former’s Gigafactory in Nevada. However, the battery plant wasn’t as productive since day one. Panasonic started building this facility in 2015, and it took the […]
Panasonic is shifting gears to start supplying hardware to automakers other than just Tesla, with a new company set to receive the manufacturer’s batteries. Tesla supplier Panasonic will now also supply rival automaker Lucid Group with electric vehicle (EV) batteries, according to a statement on Tuesday from the electronics manufacturer (via Reuters). “Partnerships with technology-leading […]
After a report showed Tesla supplier Panasonic’s plans to build a new electric vehicle (EV) battery plant in Kansas, the manufacturer may also be looking at an additional plant in the U.S. Panasonic is now looking to build another U.S. battery plant for around $4 billion, and Oklahoma seems to be the most-likely location for […]
Tesla supplier Panasonic is looking to increase battery production for the automaker, amidst high demand for electric vehicles (EVs) and high growth within the industry. Panasonic is increasing battery production for Tesla by 10 percent by 2024, according to a report from Nikkei Asia. The company is looking to meet heightened battery demand by sending […]
Panasonic plans to build a new plant in Kansas to produce batteries for Tesla, according to sources speaking with Nikkei. The Japanese company is said to invest “several billion dollars” for its second U.S EV battery factory, with its location chosen based on tax incentives and also its location near Tesla’s Gigafactory in Austin, Texas. […]
Panasonic plans to begin producing Tesla’s 4680 batteries starting in March 2024, before new reports show the company is working on increasing the battery density of its electric vehicle (EV) battery cells. Tesla supplier Panasonic is developing technology to increase battery energy density by one-fifth by 2030, according to the company’s Chief Technology Officer in […]
Panasonic has sent new 4680 electric vehicle battery cell samples to Tesla, ahead of expected surges in the automaker’s production using the next-generation batteries, according to Reuters. The new batteries are expected to begin mass production starting in March 2023, beginning first at its Wakayama, Japan factory and later moving production to North America. At […]
Hirokazu Umeda, chief financial officer (CFO) of Panasonic, said during a post-results briefing that the company is being asked by Tesla to increase the supply of 2170 battery cells and to speed up the development of its next-generation 4680 batteries — reports Bloomberg. Following news of Panasonic pondering a new U.S. battery factory in Oklahoma or […]
After a report came out in March saying Tesla battery supplier Panasonic was considering building a factory in Oklahoma or Kansas, new reports seem to have substantiated the claim. Panasonic is considering a battery factory in the U.S. to produce a high-capacity electric vehicle battery for Tesla, according to a new report from Nikkei. The […]
Tesla supplier Panasonic plans to invest ¥600 billion ($4.8 billion USD) into electric vehicle (EV) batteries, supply chain software and other areas necessary for future development, according to Benzinga. The news is from Panasonic’s outline of its new medium and long-term growth strategy. ¥400 billion ($3.26 billion USD) of the investment is set to be […]
Tesla battery supplier is rumoured to be seeking a land purchase in the United States for a mega factory to build electric vehicle batteries for Tesla, according to NHK, Japan’s public broadcaster on Friday (via Reuters). According to NHK, people familiar with the matter inform the publication Panasonic wants to build a factory worth billions […]
