Panasonic and Tesla have updated and expanded an existing agreement under which the Japanese giant supplies automotive-grade lithium-ion battery cells to the Silicon Valley trendsetter. The new arrangement calls for Panasonic to supply nearly two billion cells over the course of four years, both for Model S and the new Model X, which is scheduled… Read more »
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EV sales surge puts Panasonic battery division back in the black
Panasonic’s lithium-ion battery division is seeing a dramatic turnaround, mostly thanks to healthy sales of Tesla’s Model S, according to Lux Research. In the second quarter of 2013, the Li-ion division made about $40 million in profits, compared to a loss of $20 million in Q2 2012. Panasonic plans to invest $200 million over the… Read more »
Panasonic to supply lithium-ion cells for Ford’s hybrid stable
Upcoming models that will use Panasonic cells include the Fusion and C-Max hybrids, as well as the Fusion Energi and C-Max Energi PHEVs.
Panasonic to provide power for plug-in Prius
Panasonic announced today that it will supply lithium-ion batteries for Toyota’s new Prius PHEV. The company is already supplying nickel-metal hydride batteries to several automakers, but this will be the first time its lithium-ion offerings appear in a production vehicle. The Japanese electronics giant is charging ahead in the battery business, with a major R&D… Read more »
Panasonic to supply battery cells for Tesla’s Model S
Two major EV pioneers have announced another chapter in their partnership, an agreement under which Panasonic will supply Tesla Motors with lithium-ion battery cells for Tesla’s new Model S. Panasonic is a major investor in Tesla, and the two companies have worked closely together to develop an EV-optimized battery cell based on nickel-type cathode technology…. Read more »
Novonix receives $755-million conditional DOE loan commitment for Tennessee graphite plant
Novonix, a battery materials and technology company, has received a conditional commitment from the US Department of Energy for a direct loan of up to $754.8 million for a proposed graphite facility in Chattanooga, Tennessee. If finalized, the financing from the DOE’s Loan Programs Office would be applied towards partially financing the construction of the… Read more »
Sila raises $375 million to deliver Titan Silicon for EV series production
Battery materials company Sila has raised $375 million in a Series G funding round led by existing investors Sutter Hill Ventures, with participation by new outside investors as well as existing investors Bessemer Venture Partners, Coatue, Perry Creek Capital and others. The funding will secure the completion of the company’s Moses Lake plant in Q1… Read more »
Hexagon Purus teams with Hino to launch Tern electric truck
Norway-based EV systems supplier Hexagon Purus and Japanese vehicle manufacturer Hino Trucks, a Toyota subsidiary, have launched their electric truck brand, Tern, and its first model, the RC8 Class 8 tractor tailored for the US market. A product of a long-term agreement between the two companies valued at up to $2 billion, the Tern will… Read more »
EcoG helps EVSE manufacturers streamline the process of bringing new products to market
Enabling the next phase of EV charging station manufacturing. We tech writers often refer to “ecosystems,” and biologists may shake their heads at our appropriation of the term, but the analogy is an apt one in many ways. A biological ecosystem has its charismatic megafauna (elephants, lions, whales), but it couldn’t function without its less-glamorous… Read more »
Automakers and electronics firms form consortium to develop SoC semiconductors
Twelve automotive, electrical component and semiconductor companies have established a consortium to conduct research and develop high-performance system on chip (SoC) semiconductors for use in automobiles. The Advanced SoC Research for Automotive (ASRA) group will research and develop SoCs for automobiles using chiplet technology, and aim to install them in mass-production vehicles from 2030 onward. … Read more »