Feb 28, 2022 - 12:54 pm
Panasonic confirms 4680 battery cell production
Panasonic has now officially announced that it will set up a production facility for the new 4680 cells at its plant in Wakayama Prefecture, Japan. These are to be suitable for use in electric cars. The company has thus confirmed a corresponding rumour.
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Feb 17, 2022 - 03:01 pm
Prime Planet to build third battery plant in China
Prime Planet Energy & Solutions, the battery joint venture of Toyota and Panasonic, is expanding its production capacities, according to a media report. At the existing site in Dalian, a third battery plant is apparently being built as of this month, where cells for hybrid cars are to be produced.
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Feb 8, 2022 - 03:34 pm
CATL outgrows the battery competition
CATL was the world’s largest manufacturer of batteries for electric cars for the fifth consecutive year in 2021, according to figures from market research firm SNE Research. With an installed capacity of 96.7 gigawatt-hours, CATL achieved a 32.6 per cent share of the global market for lithium-ion car batteries in 2021.
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Oct 26, 2021 - 12:52 pm
Panasonic presents prototype 4680 cells
Panasonic has presented a prototype of its 4680 cell for Tesla. Test production of the cells is scheduled to begin in Japan in March 2022. It is not yet clear when series production will begin. To date, Panasonic is the only known supplier commissioned by Tesla to build the 4680 cells.
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Oct 4, 2021 - 04:12 pm
Toyota’s battery joint venture to source nickel from BHP
The commodities group BHP and the Toyota-Panasonic joint venture Prime Planet Energy & Solutions have agreed on a memorandum of understanding on the supply of nickel. The material is to come from BHP’s new production facility in Western Australia.
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Jun 25, 2021 - 03:24 pm
Panasonic sells Tesla stock for $3.6 billion
The Japanese battery manufacturer Panasonic has sold its stake in Tesla for 3.6 billion dollars (the equivalent of about three billion euros). A good deal, because the company bought 1.4 million Tesla shares for around 30 million dollars more than ten years ago.
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May 11, 2021 - 02:18 pm
Battery production at Gigafactory 1 turns first profits
Panasonic has presented its business figures for the 2021 financial year that ended at the end of March. The production of battery cells with Tesla in the Gigafactory 1 in Nevada was profitable for the first time over the entire financial year.
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Jan 5, 2021 - 04:34 pm
Panasonic & Tesla reach deal on Japanese battery cells
Tesla has reached a new pricing agreement with its longtime partner Panasonic on battery cells manufactured in Japan for the period Oct. 1, 2020, through March 31, 2022, according to a now-released filing with the U.S. Securities and Exchange Commission.
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Dec 29, 2020 - 02:22 pm
Panasonic to launch 4680 cell production in 2021
Panasonic wants to start the production of prototypes of the new 4680 battery cell presented by Tesla at Battery Day as early as 2021. Production is most likely to take place in the company’s Nevada Gigafactory.
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Nov 18, 2020 - 04:22 pm
Panasonic looks to Norway for European battery production
Panasonic has signed a memorandum of understanding (MoU) with the energy company Equinor and the industrial group Norsk Hydro to explore the possibilities for building a “sustainable and cost-effective European battery business” for electric vehicles, likely in Norway.
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Oct 31, 2020 - 02:44 pm
Panasonic to develop new 4680 battery cell for Tesla
Panasonic is working on the development of a new battery cell for Tesla, based on the new 4680 format presented by Tesla at ‘Battery Day’. The South Korean battery company LG Chem, who similarly supplies Tesla, is also developing a new round cell that is very similar to the key data of the new Tesla […]
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Oct 28, 2020 - 03:16 pm
Prime Planet to increase cell production efficiency
Prime Planet Energy & Solutions, the battery joint venture between Toyota and Panasonic founded in April 2020, aims to increase the efficiency of its development and production processes tenfold in order to better compete with larger Chinese competitors.
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Oct 7, 2020 - 02:16 pm
Prime Planet to make batteries for hybrids from 2022
The battery joint venture between Toyota and Panasonic, Prime Planet Energy & Solutions, is building up capacity to produce batteries for hybrid vehicles. The joint venture is installing a production line for prismatic lithium-ion batteries.
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Sep 9, 2020 - 02:37 pm
Good year for South Korean battery production
South Korean electric vehicle battery manufacturers more than doubled their market share between January and July 2020. In general, the market contracted by 16.8 per cent from 64.1 to 53.3 GWh capacity during the first seven months of the year due to corona.
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Aug 20, 2020 - 01:22 pm
Panasonic boosts Tesla battery production with $100M
The Tesla-Panasonic partnership is warming with expansion and cell innovation underway. The Japanese company will invest 100 million dollars at the Gigafactory 1 in Nevada to set up another production line to increase capacity by 10 per cent.
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Jun 17, 2020 - 03:51 pm
Tesla & Panasonic renew 3-year cell supply agreement
Tesla has signed a new three-year price agreement with Panasonic to manufacture and supply battery cells at Gigafactory 1 in Nevada. The general terms and conditions have also been adjusted in some points as part of the partnership.
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May 19, 2020 - 03:54 pm
Tesla & Panasonic battery cell factory profitable
Tesla and Panasonic’s Gigafactory 1 in Nevada was profitable in Q1/2020, the CFO of Panasonic stated in the announcement of the current business figures. The plant, which the partners had begun building in 2014, was in the black for the second consecutive quarter.
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Feb 12, 2020 - 12:58 pm
Tesla to set up pilot production line for battery cells
Tesla reportedly wants to set up a pilot production line for its own battery cells at their Fremont factory. In addition, the Californian company recently acquired Hibar – a company specializing in the manufacture of production equipment for battery cells.
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Sep 9, 2019 - 04:24 pm
R&D break-through: Tesla battery making looks likely
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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