Panasonic to soon make new batteries for Tesla, could ‘reduce’ EV prices: report
Panasonic said it will produce a new and improved version of the 2170 cells used in Tesla Model 3 and Model Y at the plant in Nevada that it operates with Tesla “sometime during 2024 or 2025,” according to a new report in Bloomberg. The new cells, which pack a lot more energy density, could help reduce EV prices, the company states.