Toyota accelerates mass production of diverse EV batteries by making PEVE a wholly owned subsidiary Toyota Motor Corporation (TMC) has agreed with Panasonic Holdings Corporation (Panasonic HD) to make Primearth EV Energy Co., Ltd. (PEVE) a wholly owned subsidiary in order to strengthen its capabilities in mass-producing automotive batteries. The … [continued]
Earlier this month, Tesla battery cell supplier Panasonic announced that it would delay the commercial production schedule of 4680 cells. Some wonder if the news could affect production of the Tesla Cybertruck, which is set to begin deliveries later this year. According to Panasonic’s previous guidance, the company planned to … [continued]
Panasonic is likely to invest up to $4 billion into a new factory for Tesla batteries in Kansas. It’s all about the batteries. While there are other supply chain challenges lately, the number one barrier to faster electric vehicle sales growth year after year is lack of batteries. That goes … [continued]
Panasonic shipped samples of its 4680 batteries to Tesla ahead of the production surge, Reuters recently reported. Mass production of the new battery is expected to begin at the plant in Wakayama in March of next year when the company’s fiscal new year begins and before production is moved to … [continued]
Panasonic plans to start the mass production of Tesla’s 4680 battery cells in the fiscal year April 2023, according to reports. There are also plans to set up two additional production lines and facilities at the company’s Wakayama factory. There’s also a rumor that Panasonic is planning a major gigafactory … [continued]
Panasonic has announced that it will be giving Tesla top priority for the new 4680 batteries, which makes sense since Tesla is set to deliver its first 4680 vehicles in Q1 2022. MarketWatch reported that Chief Financial Officer Hirokazu Umeda said that Panasonic is renovating its facilities and plans to … [continued]
Panasonic shared a video earlier this year that documents its evolution in battery technology and manufacturing. Hosted by Shoichiro Watanabe, Head of Energy Technology and Manufacturing, the video covers Panasonic’s contribution to the battery industry and the evolution of battery technology and manufacturing. Diving in, Watanabe started with Panasonic’s history. … [continued]
Panasonic’s new CEO and President, Yuki Kusumi, has set a 2-year goal to produce more batteries for Tesla while freeing up billions of dollars to invest in new areas of growth. He’s intent on making Panasonic more efficient, Bloomberg reports. The new CEO will be working alongside the staff instead … [continued]
Nikkei Asia has reported that Panasonic will begin producing prototypes of a new, cheaper type of battery for Tesla’s electric vehicles — the new tabless 4680 battery cells. Panasonic will start producing them sometime in 2021.
News today from Panasonic is that it is working with Tesla to produce the 4680 cells. Panasonic is also expanding battery production capacity at Gigafactory 1 in Nevada.
