Panasonic Battery Cells Tesla

Tesla is developing the means to manufacture its own battery cells current and recent employees told cnbc.

Panasonic battery cells tesla.

Tokyo reuters panasonic corp 6752 t plans to boost the energy density of 2170 battery cells it supplies to tesla inc tsla o by 20 in five years and commercialize a cobalt free version in. Tesla s mission is to accelerate the world s transition to sustainable energy through increasingly affordable electric vehicles in addition to renewable energy generation and storage. Tesla s battery supplier panasonic is considering switching 18650 battery cell production lines which currently supply cells for tesla s model s and model x to 2170 cell production according to. 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.

The main cost component of an ev is its battery pack and battery cells according to. But those supplies have become strained. Today at the gigafactory tesla and panasonic begin mass production of lithium ion battery cells which will be used in tesla s energy storage products and model 3. Panasonic has developed new battery technology for the 2170 lithium ion cells it produces and supplies to tesla a change that improves energy density by 5 and reduces costly cobalt content.

Nikkei asian review was the first to. Tesla battery cells in for more juice supplier panasonic says panasonic is tesla s leading cell provider and more energy in the cells means longer driving ranges and potentially smaller batteries. Panasonic said it will stop producing solar cells and modules at tesla s factory in buffalo n y ending a four year joint venture with the electric automaker.