The 2022 report from South Korean firm SNE Research shows that EV battery manufacturer CATL once again holds its title as the largest in the world by installed battery capacity. That’s now six years in a row that CATL leads the global EV battery market and based on 2022’s numbers, is showing no signs of slowing down.
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Lucid Group and Panasonic Energy announced they have entered into multi-year agreements that entail the latter supplying lithium-ion batteries to both the Lucid Air and Gravity SUV. Part of the agreement supports Panasonic Energy’s plans to expand outside of Japan and begin production at a new facility in the US.
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Redwood Materials, a company founded by Tesla co-founder JB Straubel, announced that it will supply high-nickel cathode material for battery cell production in Panasonic’s new Kansas plant.
The company believes that this will be the first time cathode material will be produced in North America at “Gigafactory scale”.
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Panasonic announced today that it aims to produce 30 GWh of battery cells during the first phase of its new Kansas factory expected to supply Tesla’s vehicle production.
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Panasonic just announced that it is building a $4 billion battery cell factory in Kansas to supply Tesla, but we now learn that the Japanese company is considering greenlighting another large-scale US battery cell factory to build simultaneously.
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Toyota Motors is boosting its US EV capacity with a new supply agreement with Ioneer LTD’s Rhyolite Ridge mining project. According to the new deal, Ioneer will supply 4,000 tonnes of lithium carbonate annually to the Toyota-Panasonic battery venture.
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Panasonic is reportedly going to build a new battery cell factory in Kansas to supply Tesla with its new 4680 cell.
Expand Expanding CloseUpdate: Governor Laura Kelly (D-KS) has now made the project official.
Panasonic, which grew into a major battery cell supplier in the EV industry through its partnership with Tesla, is now teasing some important improvements in battery capacity.
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Tesla has received 4680 battery cell samples from Panasonic ahead of the manufacturing giant moving to mass production of the new battery that is going to power the Cybertruck and more.
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Tesla has asked Panasonic to speed up its development of the 4680 battery cell, which is going to power its next-gen electric vehicles.
The Japanese manufacturer is reportedly still looking for a location for a US factory.
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Tesla and Panasonic are rumored to be behind a new multibillion-dollar battery factory project in Oklahoma as the state pushes to approve $700 million in incentives to move the project forward.
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Panasonic announced today that it greenlighted a new investment to start production of Tesla’s 4680 battery cell by the end of the fiscal year ending March 2024.
The Japanese manufacturing giant is one of several battery makers looking to produce 4680 cells for Tesla.
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New data from a South Korean research firm shows that EV battery manufacturer CATL is once against the largest in the world by installed battery capacity. The company saw growth over 165% compared to 2020 and holds the title of world’s largest battery manufacturer for the fifth year in a row.
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According to a new report, Panasonic is investing $700 million to produce Tesla’s 4680 battery cell at a factory in Japan by 2023.
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Panasonic announced that it is going to purchase copper foil produced from recycled materials by Tesla co-founder JB Straubel’s Redwood Materials for battery cell production at Gigafactory Nevada.
The materials will end up in Tesla vehicles – going full circle.
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American EV startup Canoo announced that it has reached an agreement with Panasonic to supply the batteries for its upcoming Lifestyle Vehicle. This currently in development EV sits upon Canoo’s multipurpose platform which includes a structurally integrated battery module and proprietary battery system technologies.
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Panasonic has today unveiled its new 4680 battery cell built for Tesla and it plans to start “test production” early next year.
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Panasonic, Tesla’s main battery supplier, confirmed that it sold its entire stake in the electric automaker, and it claims that it won’t change its relationship.
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Panasonic’s new CEO, Yuki Kusumi, is officially starting his new role and he says that the Japanese manufacturing giant is ready to make a ‘large investment’ in producing Tesla’s new 4680 battery cell if their current prototype production line is a success.
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Electric vehicle sales seem to be growing by the minute in the US. Although they still only have a tiny corner of the auto market cornered, astronomical valuations of industry leaders like Tesla offer a glimpse at the potential of a virtually nascent market. In order to bring costs down even further to entice consumers, the US has plans to amplify battery production on its home soil over the next decade. With global competitors miles ahead, does the US have the technology, or more importantly the resources, to gain ground in the EV battery market?
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Panasonic confirmed that it plans to set up Tesla 4680 battery cell production at GIgafactory Nevada later this year.
They expect higher revenue from the Tesla partnership.
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Tesla (TSLA) has announced a new battery cell deal with Panasonic through an SEC filing today.
It’s the latest of many recent moves from Tesla in an attempt to secure a large battery cell supply to support its ambitious expansion goals.
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Tesla (TSLA) has recently introduced plans to produce its own battery cells called ‘4680’, but now we learn that Panasonic will also be producing the new cell for them, according to a new report.
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We can expect Tesla vehicles to get a bump in charging speed as the automaker is reportedly about to get new battery cells produced by Panasonic at Gigafactory Nevada with faster charging capacity.
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