Panasonic announced on Monday it will begin mass production of Tesla’s 4680 battery cell before the end of March 2024. The company said the new cells will be produced at its Wakayama factory in western […]
Panasonic has been working on developing a prototype of Tesla’s 4680 battery cell since the new form factor was announced at Battery Day in 2020. The Japanese electronics maker unveiled their first prototype late last […]
Panasonic announced an expansion of their partnership with Redwood Materials to use recycled materials in their battery cells at Gigafactory Nevada. The agreement will see more recycled materials in Panasonic battery cells by the end […]
Panasonic announced that it intends to build a new campus in Reno, Nevada that will handle training, research and development, employee recruitment and other support functions. The new campus is planned to open in the […]
For the first time Panasonic unveiled their prototype 4680 battery cell during a media roundtable on Monday in Tokyo, Japan. The company said the battery development will strengthen their ties with Tesla, which first unveiled […]
Panasonic has revealed its in financial statements that it has sold all of their Tesla (TSLA) shares, netting more than $3 billion in the process. The sale took place within the company’s last fiscal year […]
The outgoing Panasonic CEO Kazuhiro Tsuga notes that the company needs to broaden its battery consumers in the automobile sector. Speaking to the Financial Times, Tsuga said “we need to graduate from our one-legged approach […]
LG Energy Solutions – a subsidiary of LG Chem – is currently converting some of its production lines to produce 4680 batteries for Tesla. According to South Korean reports, LG has already installed assembly and […]
Panasonic’s battery business foresees a full-year profit due to its partnership with Tesla. Panasonic supplies Tesla with batteries from the Gigafactory in Nevada. The Model 3 and Model Y rely on these batteries, and with […]
Through a regulatory filing with the U.S. Securities and Exchange Commission (SEC), Tesla has announced this morning a new 2021 pricing agreement with Panasonic. The Form 8-K outlines the deal, effective from October 1, 2020 […]
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