Panasonic Plans to Mass Produce Next-Gen Lithium-ion Batteries For Tesla in 2023
2 years, 10 months ago

Panasonic Plans to Mass Produce Next-Gen Lithium-ion Batteries For Tesla in 2023

News 18  

Panasonic is reportedly planning to mass-produce new lithium-ion batteries as early as 2023 for Tesla that could increase the range of electric vehicles by up to 20 percent. According to Nikkei Asia, the Japanese company plans to invest about $705 million in production facilities to make the new batteries for Tesla from as early as 2023. The new cells would increase the Model S’s range from about 650 kilometers, about 405 miles, to 750km, or 465 miles. In November last year, the head of Panasonic’s battery division said that the company hasn’t ruled out producing the cells for other automakers, though Tesla is its priority.

Tesla Panasonic Lan  tesla  range  panasonic  massproduce  cells  company  nextgen  mass  batteries  increase  vehicles  plans  musk  lithiumion  produce  battery  2023

History of this topic

Tesla ready to open factory in India, but has this condition
1 year, 1 month ago

Tesla ready to open factory in India, but has this condition

Hindustan Times  

Tesla is ready to invest up to $2 billion to set up a factory in India if the government cuts import duty on its vehicles to 15% for the first two years of operations, the Economic Times reported on Friday. Prime Minister Narendra Modi met Tesla chief executive Elon Musk during a state visit to the US in June. The …

Tesla raises 2023 spending forecast as it races to ramp up output
1 year, 8 months ago

Tesla raises 2023 spending forecast as it races to ramp up output

Live Mint  

Tesla Inc raised its capital expenditure forecast for 2023 on Monday as the automaker ramps up output at its factories to take advantage of the rising interest in electric vehicles. The company, led by Elon Musk, said in a filing that it expects to spend between $7 billion and $9 billion this year, higher than its previous outlook of $6 …

Tesla says production innovation to cut auto costs by half
1 year, 9 months ago

Tesla says production innovation to cut auto costs by half

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. CEO Elon Musk and other executives outlined the goals …

Elon Musk may announce plan to build Tesla's affordable electric car this week
1 year, 9 months ago

Elon Musk may announce plan to build Tesla's affordable electric car this week

Hindustan Times  

Tesla Chief Executive Elon Musk has for years teased the world with his dream of an affordable electric car. Musk said last year he shelved the plan for a $25,000 car, known as Model 2, and he hasn't mastered the new battery technology that he has stated would be crucial to the cheap cars. Guidehouse Insights analyst Sam Abuelsamid said …

Tesla will not start German mass battery production before 2024
2 years, 2 months ago

Tesla will not start German mass battery production before 2024

The Hindu  

Tesla will not start mass production of battery cells at its European gigafactory near Berlin before 2024, German business daily Handelsblatt reported on Friday, citing experts, two of whom are close to the company. According to the report, problems have been discovered with an important production process presented by Tesla Chief Executive Elon Musk two years ago. Currently, battery research …

‘Unknowns’ delay Tesla’s ramp-up of its own cutting-edge batteries
2 years, 5 months ago

‘Unknowns’ delay Tesla’s ramp-up of its own cutting-edge batteries

The Hindu  

Tesla Inc is falling short of CEO Elon Musk's target to make its own next-generation batteries, sparking questions over the top electric car maker's ability to maintain its blistering expansion of auto production next year and beyond. Tesla said on Wednesday it would rely on suppliers to meet battery demand this year, as the necessity of learning new technologies is …

China’s CATL to produce next-generation EV battery in 2023
2 years, 6 months ago

China’s CATL to produce next-generation EV battery in 2023

The Hindu  

Chinese battery giant CATL will start mass production next year of its latest generation product, with greater efficiency that lets electric cars drive longer distances on each charge, the company said on Thursday. The world's biggest battery maker is scrambling to retain its top position against competition from rivals such as BYD, which will soon start supplying batteries to Tesla. …

Panasonic to invest $700 million to produce Tesla EV battery
2 years, 10 months ago

Panasonic to invest $700 million to produce Tesla EV battery

The Hindu  

Japan's Panasonic will begin producing its new lithium-ion battery for Tesla from as early as 2023, with plans to invest about 80 billion yen in production facilities in Japan, the Nikkei reported on Monday. At around five times as big as batteries it currently supplies to Tesla, it is also expected to help the U.S. electric vehicle maker lower production …

Tesla supplier shows off more powerful battery
3 years, 1 month ago

Tesla supplier shows off more powerful battery

Live Mint  

Tesla Inc. supplier Panasonic Corp. said it has mostly solved the technology challenges with a larger lithium-ion battery that Elon Musk has called the lowest-cost way to power an electric car. Panasonic plans to start test production of the 4680 battery cells in Japan by March 2022, Mr. Tadanobu said. Mr. Tadanobu said he wasn’t worried about losing business, saying …

Panasonic unveils prototype battery for Tesla
3 years, 1 month ago

Panasonic unveils prototype battery for Tesla

The Hindu  

Panasonic unveiled on Monday a more advanced prototype battery that has five times the storage capacity of current ones, with the company's battery chief saying it will help deepen business ties with U.S. electric carmaker Tesla Inc. During a media roundtable where Kazuo Tadanobu unveiled the new battery for the first time, he also said Panasonic had no plans to …

Tesla's plans for batteries, China scrutinized as Musk drops features
3 years, 4 months ago

Tesla's plans for batteries, China scrutinized as Musk drops features

The Hindu  

Tesla Inc has weathered the pandemic and supply chain crisis better than many of its rivals,achieving record deliveries last quarter. One of the persons said Tesla will initially use batteries made at Tesla's pilot production line in California, adding that they are being tested in prototype vehicles. "We are much more bullish for Q3 than Q2," said Gerber, expecting Tesla …

Tesla supplier CATL plans a major battery plant in Shanghai
3 years, 6 months ago

Tesla supplier CATL plans a major battery plant in Shanghai

The Hindu  

China's CATL is planning a major new automotive battery plant in Shanghai, continuing a blistering pace of expansion that will cement its lead as the world's No.1 supplier, two people with knowledge of the matter said. CATL hopes to rapidly expand that relationship, aiming to become its biggest supplier in the near future by providing half of the battery cells …

Musk says Tesla to use new batteries, tech in Model Y; flags production risk
4 years, 2 months ago

Musk says Tesla to use new batteries, tech in Model Y; flags production risk

The Hindu  

Tesla Inc. Chief Executive Elon Musk said on Wednesday the company will produce Model Y with a new structural battery design and technology at its Berlin factory next year and that could result in a “significant production risk”. The U.S. electric carmaker plans to manufacture a new version of its Model Y crossover vehicle, and possibly even battery cells at …

Tesla’s Model S Plaid wasn’t the biggest Battery Day announcement
4 years, 3 months ago

Tesla’s Model S Plaid wasn’t the biggest Battery Day announcement

Wired  

Getty Images / WIRED Ahead of Tesla’s much-hyped Battery Day event on Tuesday, expectations were high. If Tesla’s Battery Day announcements are anything to go by, the company may be about to overcome both of these bottlenecks. Cheaper, Tesla-branded batteries Musk has stated on several occasions that Tesla’s goal is to develop a battery that costs $100 per kilowatt-hour, a …

Everyone Was Expecting Low Cost Battery from Elon Musk on 'Battery Day', He Delivered Nothing
4 years, 3 months ago

Everyone Was Expecting Low Cost Battery from Elon Musk on 'Battery Day', He Delivered Nothing

News 18  

Tesla chief Elon Musk promised “insane" battery news at a streamed event after the company’s annual shareholders’ meeting this week. Tesla’s new larger cylindrical cells will provide five times more energy, six times more power and far greater driving range, Musk said, adding that full production is about three years away. To help reduce cost, Musk said Tesla planned to …

Tesla's value drops $50 billion as Musk's promised cheaper battery 3 years away
4 years, 3 months ago

Tesla's value drops $50 billion as Musk's promised cheaper battery 3 years away

The Hindu  

Investors slashed $50 billion from Tesla Inc's market value on Tuesday despite CEO Elon Musk's promise to cut electric vehicle costs so radically that a $25,000 car that drives itself will be possible, but not for at least three years. “There was nothing tangible.” Investors had expected two significant announcements at Musk's oft-touted “Battery Day”: The development of a “million …

Musk lays out plan to make a $25,000 Tesla
4 years, 3 months ago

Musk lays out plan to make a $25,000 Tesla

Live Mint  

Tesla Inc. laid out a road map to build a $25,000 car by 2023 and eventually 20 million cars a year, part of a highly anticipated presentation that was short on the sizzle from CEO Elon Musk that investors have come to expect. Those incremental and longer-term innovations belied expectations for a blockbuster leap forward, which Musk himself played up …

Tesla’s Musk hints of battery capacity jump ahead of industry event
4 years, 3 months ago

Tesla’s Musk hints of battery capacity jump ahead of industry event

Live Mint  

Tesla Inc CEO Elon Musk has suggested the U.S. electric carmaker may be able to mass produce batteries with 50% more energy density in three to four years, which could even enable electric airplanes. Musk said last year that for electric flight to work, the energy density of batteries needed to improve to over 400 Wh/kg, a threshold which may …

Tesla's '2170' Batteries Made by Panasonic to Get 20 Percent Boost in Energy Density in Next Five Years
4 years, 4 months ago

Tesla's '2170' Batteries Made by Panasonic to Get 20 Percent Boost in Energy Density in Next Five Years

News 18  

Panasonic Corp plans to boost the energy density of "2170" battery cells it supplies to Tesla Inc by 20% in five years and commercialize a cobalt-free version "in two to three years", the head of its U.S. EV battery business said. Panasonic has already cut cobalt content to under 5% in the NCA cathode and plans to improve its batteries …

Elon Musk Urges Miners to Produce More Nickel for Tesla's Batteries, Offers 'Giant' Contract
4 years, 4 months ago

Elon Musk Urges Miners to Produce More Nickel for Tesla's Batteries, Offers 'Giant' Contract

News 18  

Tesla Inc boss Elon Musk urged miners to produce more nickel, a key ingredient in the batteries that power the company’s electric cars, warning the current cost of batteries remained a big hurdle to the company’s growth. Tesla will give you a giant contract for a long period of time if you mine nickel efficiently and in an environmentally sensitive …

Tesla boom supercharges stock of world’s biggest EV battery firm
4 years, 5 months ago

Tesla boom supercharges stock of world’s biggest EV battery firm

Live Mint  

The global frenzy for electric vehicles that has seen Tesla Inc.’s stock surge threefold is now juicing the shares of a South Korean supplier that has become the world’s biggest maker of electric vehicle batteries. South Korea’s LG Chem Ltd. has surged more than 62% this year to a valuation of more than $30 billion, becoming the sixth-largest stock on …

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