According to CEO Kazuhiro Tsuga, Panasonic is not currently planning a new battery cell factory for Tesla in China. Officially, however, it remains open whether Tesla will rely on another manufacturer for the Shanghai plant or imported battery cells from Gigafactory 1.
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Toyota is using Tesla-like Panasonic batteries for its plug-in hybrids in China, meaning cylindrical cells. Still, the batteries are said to differ from Tesla’s, at least in their composition.
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Jeff Dahn and his team, who carry out battery research for Tesla, have published test results for a new battery cell that could have a life of 1 million miles (1.6 million km) and thus be suitable for Tesla’s planned robo taxis. At the same time, Tesla battery cell manufacturing appears to be well underway.
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It appears the rumours were true: Tesla will buy batteries from LG Chem for its electric car production in China. Media agencies cite inside sources confirming the deal that would affect both the Model 3 and future Model Y.
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The Toyota subsidiary Primearth EV Energy, which is also partly owned by Panasonic, is planning to build a fourth factory in China.
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During the telephone conference to announce the latest quarterly figures, Elon Musk also commented on the rumours that Tesla intends to produce its own battery cells in the future: There seem to be delays.
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After the Annual General Meeting in mid-June, there were rumours that Tesla is going to manufacture its own battery cells using the technology acquired through the takeover of Maxwell. Now insiders are describing the existence of some kind of secret battery laboratory.
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Panasonic, in cooperation with SmartE and qQuick, has launched a new EV charging network for India named Nymbus. In the first phase, Panasonic will deploy the service on 150 SmartE electric three-wheelers and on 25 qQuick two-wheelers in the Delhi-NCR region.
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This year, Panasonic could upgrade one of its battery factories in domestic Japan to produce not only the 18650 battery cells for the Tesla Model S and Model X, but also the newer 2170 cells for the Model 3.
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After the latest report that Panasonic and Tesla have halted their plans to expand production capacity for battery cells in Gigafactory 1, Elon Musk has partly contradicted Panasonic’s view of the matter.
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Nikkei suggested yesterday, that Panasonic and Tesla’s plans to increase production capacity for battery cells at Gigafactory 1 have been put on ice due to financial problems at Tesla and uncertainties about future demand. While us and others could but wonder, Panasonic now took a stand that is ambivalent.
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Honda’s first all-electric model for the European market is taking shape. Following the presentation of the Urban EV concept car at the IAA 2017, a near-serial version of the battery electric vehicle will be presented at the Geneva Motor Show coming Tuesday, 5 March.
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Panasonic has lowered its forecast for the 2018/19 fiscal year, which ends in March, following a decline in profits over the winter. However, the Energy division, which also includes the battery business with Tesla, recorded its first operating profit in three quarters at 131 million euros.
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The Japanese car and battery manufacturers Toyota, Honda and Panasonic allegedly plan to jointly procure cobalt for electric car batteries. A joint venture is expected to be established in about one year.
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After Toyota and Panasonic first announced plans a year ago to extend their partnership to the development of new EV batteries with improved prismatic cells, the cornerstones of the future joint venture have now become public.
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UBS analysts have recently come to the conclusion that Tesla Model 3 cells are by far the most cost-effective. Now latest estimates conclude that over 600 million cells of this type have been produced in Gigafactory 1, thus adding up to a total capacity of just under 11 GWh.
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Panasonic aims to boost its lithium-ion battery cell production in China by up to 80% as Beijing’s loosening restrictions prompt foreign players to ride the wave of new-energy vehicles. Earlier this year we reported that Korea’s LG Chem was doing the same with their battery cell production in China.
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Analysts from UBS teamed up with engineers to figure out which electric vehicle batteries made by established manufacturers offer the best value. They concluded that cells made by Panasonic in Tesla’s Gigafactory are 20 per cent more cost efficient than the next best on offer from LG Chem.
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Competing for the top of the battery value chain comes at a cost as the latest earnings of both CATL and Panasonic show. While China’s cell making powerhouse reports a plus 60% in revenue, their profit fell. Panasonic paints a similar picture and in both cases, investments are weighing heavy – for now.
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BYD and Panasonic are currently both calculating the possibilities of setting up a battery factory in the UK. According to media reports, both have each approached the UK government recently about the venture.
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The plan by Tesla’s battery partner Panasonic to set up three new assembly lines in the Gigafactory 1 in Nevada by the end of the year, will likely be completed ahead of schedule. The expansion will increase the production capacity by about 30%.
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A new analysis from Bloomberg New Energy Finance (BNEF) shows that Tesla will be leading the field for EV batteries for years to come. The reason for this is, among other things, the low costs for the Panasonic batteries due to their low cobalt content.
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Tesla’s battery partner Panasonic is planning to increase their production capacity at the Gigafactory 1 in Nevada by around 30%. The move is designed to keep pace with Tesla’s rather ambitious expansion plans.
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Honda and Panasonic announced a project in Indonesia to trial battery swapping for electric motorcycles. The pilot will start this December through a joint venture deploying Honda’s Mobile Power Pack at a couple of a dozen stations.
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The Japanese company plans to change up their battery manufacturing recipe within the next two-to-three years to use only half the current cobalt components. Head of the Panasonic passenger car division, Yoshio Ito, stated there are already working prototypes, but a complex evaluation process will take place before serial production.
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Japan’s mayor carmakers, Toyota, Nissan and Honda are joining forces to work on solid-state batteries for electric cars. Also Panasonic is part of the consortium consisting of 23 firms in total. They aim to commercialise solid-state batteries in the early 2020ies.
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Tesla’s Gigafactory partner Panasonic says it is developing cobalt-free batteries to become independent of the rare and expensive material in the near future. Meanwhile, Tesla released their ‘Conflict Minerals Report’ and also aims for further reductions in cobalt use.
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Japan’s leading manufacturers such as Toyota, Nissan and Panasonic have teamed up with the government to develop solid-state batteries in a joint effort. The Libtec centre by commission of the consortium has taken up its work to enable truly long range EVs.
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Tesla has revealed some interesting details regarding their new 2170 battery cells in a letter to shareholders. The batteries, which will be used in the Model 3, had previously not been publicly discussed.
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Panasonics new battery factory for the serial production and delivery of prismatic lithium-ion battery cells for electric and hybrid vehicles has opened its doors in Dalian, China.
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