Panasonic to start mass production of Tesla electric vehicle batteries in 2023

Panasonic will begin mass production of batteries for Tesla electric vehicles next year. Their use will increase the range of cars by 20%. Tesla CEO Elon Musk has previously said Panasonic’s new batteries will be 6 times more powerful than previous ones.

Panasonic to start mass production of Tesla electric vehicle batteries in 2023

On the timing of the start of production of a new battery model for Tesla electric vehicles writes Nikkei Asia. Panasonic will start mass production of lithium-ion batteries in 2023.

Panasonic did not confirm this information to the publication, but noted that this year they will think about how to launch new battery models into mass production. For these purposes, the company is modernizing its plant in Wakayama Prefecture.

4680 type batteries will increase the range of the Tesla electric car by 20%. Using the Model S as an example, up to 750 km on a single battery charge, according to Panasonic. Tesla CEO Elon Musk said earlier that the new generation of batteries will be 6 times more powerful than the previous ones, and the cost of one kilowatt per hour will decrease by 14%.

Panasonic introduced the 4680 batteries in October 2021. Then the company expressed the hope that their release would allow establishing close business ties with Tesla. Panasonic invested $705 million in technology development.

Subscribe to our TG channelto keep up to date with all the news and events!

Cover photo: Grigvovan / Shutterstock

Source: RB.RU by

*The article has been translated based on the content of RB.RU by If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!