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 »
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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 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 »
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 »
Adamas Intelligence’s latest EV Battery Capacity and Battery Metals Tracker describes the key trends in the EV battery industry in 2021. A record amount of passenger EV battery capacity was deployed, three companies claimed 67% of the global market, and Tesla was a dominant influence. According to Adamas Intelligence, 286.2 GWh of passenger EV battery… Read more »
Considering the massive media coverage of Tesla over the last decade, it may seem surprising that there aren’t more books about the company. When I first released my history of Tesla in 2014, I expected to have a short window of exclusivity before a “real” book—one with a hard cover and celebrity blurbs on the… Read more »
For the last decade, the policy of most legacy automakers has been to talk big about EVs, while doing little or nothing to sell any. Now, ironically, Toyota may be turning this time-honored formula backwards. The company broadcasts anti-EV misinformation in TV ads and executive speeches, and lobbies governments to water down support for EV… Read more »
Battery manufacturer Northvolt plans to invest $750 million to expand its laboratory facility in Sweden in order to meet soaring demand for lithium-ion batteries. Northvolt says it plans to set up the “first R&D campus covering the entire battery ecosystem.” The order of the day in Europe is to quickly expand domestic battery capacity to… Read more »
The Volkswagen ID.4, which went on sale in the US earlier this year, could turn out to be a very important vehicle for a couple of reasons. It’s the first of VW’s new-generation EVs to reach the US. That is, it’s the first to be built by the post-scandal, reformed and repentant VW, and the… Read more »
Redwood Materials, the battery recycling venture founded by former Tesla CTO JB Straubel, came out of stealth mode last year, and announced that it is recycling scrap from Panasonic’s battery cell production at Tesla’s Gigafactory Nevada. In July, it raised $700 million in new investment. Now Redwood has dropped a bit of a bombshell: it… Read more »