Panasonic

Tesla battery cells in for more juice, supplier Panasonic says

More energy could mean more juice for longer driving ranges.


Nick Miotke/Roadshow

Tesla and Panasonic’s relationship continues to grow, despite the fact Tesla now works with two additional cell suppliers in China, and the company plans to give the electric car-maker’s battery cells an energy boost.

The Japanese supplier told Reuters in a Thursday report it plans to increase the energy density of its “2170” cells — the ones used for the Tesla Model 3 — by 20% in the next five years. More energy density could allow Tesla to pack more of them into a battery to create

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Tesla Gigafactory 1 could grow as partner Panasonic reports more profits

The Gigafactory is supposedly stretched beyond capacity right now.


Tesla

Not only did Tesla pull a profit in the first quarter of 2020, but its battery partner Panasonic said on Monday its battery business recorded earnings in the black, too, for the second time. Now, Gigafactory 1, based in Nevada, could see an expansion.

Reuters first reported on the possible capacity expansion at the plant during its first-quarter earnings call. Panasonic Chief Financial Officer Hirokazu Umeda specifically said the company was “in discussions right now” to expand work at the facility. Although the company is no longer Tesla’s exclusive

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