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Panasonic will start making Tesla’s higher-capacity EV batteries by March 2024

K. Holt writes in Engadget on Panasonic battery production for Tesla.

The C3 Take
  • Panasonic will begin producing the 4,680 lithium-ion battery in 2024.
  • This battery is twice the size of what Tesla currently uses, meaning fewer battery packs being needed per car which could lower costs and increase range.
  • Private-sector innovation is key to a clean energy future.

“The company was said to be investing approximately 80 billion yen (around $694 million) into production equipment. It started working on the battery following a request from Tesla, though it may sell the 4,680 to other automakers.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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