Connect with us

Hi, what are you looking for?

CleanTechnica
Tesla’s Roadster is one of the sexiest electric cars on the road, and their new sedan looks pretty sweet, too. Not only does it seat up to 7, there’s also a performance model available (0-60 in 4.5 seconds!). Helping keep costs down so more of us can ride in this sweet silent sedan is Panasonic, providing the lithium-ion battery cells.

Batteries

Panasonic Batteries + Tesla Model S Sedan = Still Awesome?

Tesla’s Roadster is one of the sexiest electric cars on the road, and their new sedan looks pretty sweet, too. Not only does it seat up to 7, there’s also a performance model available (0-60 in 4.5 seconds!). Helping keep costs down so more of us can ride in this sweet silent sedan is Panasonic, providing the lithium-ion battery cells.

Tesla’s Roadster is one of the sexiest electric cars on the road, and their new sedan looks pretty sweet, too. Not only does it seat up to 7, there’s also a performance model available (0-60 in 4.5 seconds!). Helping keep costs down so more of us can ride in this sweet silent sedan is Panasonic, providing the lithium-ion battery cells.

Both companies say that the agreement will help Tesla meet its costs and margin targets for the Model S, according to a statement released Tuesday. As the base model is priced at $57,400 (before the applicable federal tax credit, which is $7,500 and any other incentives), it’s anyone’s guess what that margin is. The Roadster, in comparison, costs upwards of $109,000 (presumably using the same type of batteries, but hey, it’s a sports car).

Panasonic’s involvement with Tesla is nothing new; they’ve been providing batteries since 2009 (for the Roadster – what else?), and in 2010, Panasonic made a $30 million investment to “deepen the partnership and foster the growth of the electric vehicle industry.” The continued association is welcome for Tesla; co-founder and Chief Executive Elon Musk called it an “endorsement of our technology.”

Enough batteries for 80,000 Model S vehicles will be supplied by Panasonic over the next four years, including the 6,000 preorders in 2012. However, given the increasing number of EVs entering the market and the amount of research going into EV battery technology, both Tesla and Panasonic have their work cut out for them to stay competitive.

Source: Reuters | Picture: Tesla Motors

 

Advertisement
 
Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

spent 7 years living in Germany and Japan, studying both languages extensively, doing translation and education with companies like Bosch, Nissan, Fuji Heavy, and others. Charis has a Bachelor of Science degree in biology and currently lives in Chicago, Illinois. She also believes that Janeway was the best Star Trek Captain.

Comments

You May Also Like

Cars

According to new research by Cambridge Mobile Telematics (CMT), Tesla owners are 50% less likely to crash while driving their cars. The new research...

Cars

Wall Street has faced major selloffs over the past few weeks, causing a continued downturn in the market. While the auto industry simultaneously faces...

Autonomous Vehicles

In recent weeks, there have been a number of articles about the lack of progress in Tesla Full Self-Driving (FSD). Those stories have been...

Aviation

In good green economic news, electric battery maker SPARKZ and the United Mine Workers coal union have announced a labor-management memorandum of understanding for...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.