Japan’s New Energy and Industrial Technology Development Organization (NEDO) has launched a public-private project to develop solid-state battery technology. Some 23 companies, including Panasonic, Toyota, Nissan and Honda, are involved. The group has set 2022 as the target date to develop core solid-state technologies, and ultimately aims to lower battery pack cost to $90 per… Read more »
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Toyota and Panasonic explore joint prismatic battery development
Toyota and Panasonic have agreed to begin studying the feasibility of a joint automotive prismatic battery business. Panasonic has positioned lithium-ion batteries as one of its key businesses, and its automotive batteries are used by many automakers worldwide. Toyota, maker of the Prius hybrid and the Mirai fuel cell vehicle, has been a holdout when… Read more »
Panasonic expects to turn a profit on Model 3 battery cells by next year
Panasonic’s new 2170 Li-ion battery cells, which it manufactures at Tesla’s Gigafactory 1 in Nevada, are a key component of the new Model 3. The Japanese manufacturer says it is now supplying the batteries at a loss, but expects to turn a profit next year. “For battery cells for the Model 3, costs outweighed profit… Read more »
Panasonic shifts focus to automotive tech
The coming restructuring of the auto industry will yield winners and losers. New opportunities will open up for battery-makers and copper producers, but the hottest sector of all may be “auto tech,” which includes not only powertrain electronics such as motor controllers, inverters and chargers, but also self-driving hardware and software, and customer-facing components such… Read more »
Is Panasonic’s new head-up display a preview of Tesla’s Model 3?
Tesla has redefined many aspects of automobiles, and the user interface is one obvious example. The large touchscreen in current Teslas is the most advanced UI on the roads, and many are wondering if the company will take things a step further with Model 3. We already know that Model 3 has no traditional instrument… Read more »
Panasonic expects to double sales of EV batteries in three years
The unprecedented demand for the upcoming Model 3 presents major opportunities not only for Tesla, but for its partners. Panasonic, which will be the exclusive supplier of batteries for Model 3, expects its annual sales of automotive batteries to more than double in three years. Kenji Tamura, the head of Panasonic’s automotive and industrial systems… Read more »
Panasonic’s new capacitors enable smaller ECUs
Panasonic’s new conductive polymer hybrid aluminum electrolytic capacitors are designed to deliver large capacitance and large current in a compact SMD form factor. The new caps are well-suited for automotive Electronic Control Units (ECUs). According to Panasonic, its new product enables ECUs to be downsized, with instantaneous large current supply into the power supply circuits,… Read more »
Musk: Panasonic will be exclusive battery supplier for Model 3
Tesla has a long-standing relationship with Panasonic, as a battery supplier and a partner in the Gigafactory. So EV-savvy ears perked up at news that the California carmaker had met with a trio of Korean battery-builders. In fact, Reuters reported that Samsung SDI was “making progress” in talks with Tesla to supply batteries for Model… Read more »
Porsche considers Bosch, Panasonic to supply EV batteries
An electric Porsche based on the Mission E concept shown at the Frankfurt auto show is in the production pipeline, and the company is considering bids from Panasonic and Robert Bosch to supply the battery, Bloomberg reports. According to anonymous sources, Panasonic’s package would be cheaper, but Porsche’s neighbor Bosch would offer simpler logistics. “We’re… Read more »
Panasonic will spend up to $1.6 billion on Tesla gigafactory
Panasonic has been involved with Tesla’s Gigafactory from the beginning of the project, but until now, it hasn’t said exactly how much it plans to invest. Now Panasonic President Kazuhiro Tsuga has told Marketwatch that the company will invest up to $1.6 billion, hoping to secure its future in automotive electronics. Sales to carmakers represented… Read more »