Panasonic will commence production of 4680 battery cells for Tesla by March 2024

Lucid Group announced that all of its vehicles built with the current Combined Charging System (CCS) will be able to charge at stations in the Tesla Supercharger network by using an adapter in 2025. In addition, Lucid will integrate the North American Charging Standard (NACS) into future vehicles in 2025. "Adopting NACS is an important next step to providing our customers with expanded access to reliable and...

7 November 2023

Subaru of America, Inc. today announced that its parent company, Subaru Corporation, reached an agreement with Tesla, Inc. to adopt the North American Charging Standard (NACS) for the charging ports of its battery electric vehicles (BEVs) to be launched in North America beginning in 2025. To provide customers with access to the extensive Tesla charging network, Subaru will adopt NACS ports on certain Subaru BEVs...

1 November 2023

Toyota and Lexus announced they have reached an agreement with Tesla to adopt the North American Charging Standard (NACS) on their battery electric vehicles (BEVs) beginning in 2025. In line with Toyota's vehicle electrification strategy that offers a plethora of options for electrified powertrains, Toyota and Lexus customers will have convenient access to more than 12,000 Tesla Superchargers across North America...

23 October 2023

Last night Tesla introduced the new Model 3 - the first refresh of the car in six years. It will go on sale in October. Currently, the new Model 3 is listed on the European Tesla websites with a RWD Short Range version offering 554 km of range and a Dual Motor Long Range version with a range of 678 km. Whether there will be a Performance version is about to be seen. The price of the base version stays almost the...

1 September 2023

Subaru and Panasonic Energy have started talks to build a medium- to long-term partnership in the supply of cylindrical Li-Ion batteries. More specifically, Panasonic Energy will supply Subaru with such batteries which will be installed on Subaru BEVs after 2025. The construction of a dedicated BEV plant in Gunma, Japan is also included in the discussion.

3 August 2023

Panasonic Energy announced the signing of an agreement to purchase silicon anode material for automotive batteries from U.K.-based Nexeon to boost the performance of lithium-ion batteries for electric vehicles (EVs). Nexeon’s silicon anode material will be used for lithium-ion batteries to be manufactured at a new facility in De Soto, Kansas, U.S., from 2025. In general, achieving a higher energy density of battery...

25 July 2023

Panasonic Energy and Mazda announced that they have agreed to enter into discussions on establishing a medium- to a long-term partnership to meet the demand for battery EVs and automotive batteries in a rapidly expanding market. Panasonic Energy and Mazda will commence concrete discussions with a view toward Panasonic Energy supplying Mazda with automotive cylindrical lithium-ion batteries manufactured at Panasonic...

21 June 2023

Ford Motor Company said today it reached an agreement with Tesla Motors that will provide Ford electric vehicle customers access to more than 12,000 Tesla Superchargers across the U.S. and Canada, doubling the number of fast-chargers available to Ford EV customers starting Spring 2024. A Tesla-developed adapter will provide Ford F-150 Lightning, Mustang Mach-E and E-Transit vehicles fitted with the Combined Charging...

26 May 2023

At the Tesla 2023 Shareholders Meeting Elon Musk made several key announcements. Here's a brief recap of what he said. Next Gen Drive Unit. The announcement of the next-gen drive unit was the first more noteworthy one among a few. As already stated before, during the development stage, this next-gen drive unit uses zero rare earth materials. It requires 75% less Silicon Carbide and reduces gigafactory footprint by...

17 May 2023

Panasonic has released its financial results for the year 2023 so far and expectations for 2024. In the expansive document, there's a section depicting the areas where the company expects growth and one of them is automotive batteries. In order to take advantage of this expected growth, Panasonic mentions three key areas: Enhancing supply capabilities in the USA - the mass production of 2170 cells from the Kansas...

11 May 2023

CNBC reports that Elon Musk has broke ground on a Tesla lithium refinery that is planned to be built in Corpus Christi, Texas. Gov. Greg Abbott also attended the ceremony. Tesla will invest USD 3.75 million in this project as one of the company's steps to secure a domestic supply of lithium hydroxide for its batteries. The report cites Elon Musk who said that this refinery should provide enough lithium for Tesla to...

9 May 2023

SNE Research reported that the global EV battery market has recorded a 38.6% YoY growth in Q1 of 2023. The total amount of energy held by batteries for pure EVs, PHEVs, and HEVs was around 133 GWh. CATL remains the top market player with a growth rate of 35.9% and 35% market share. BYD experienced a staggering growth in the Q1 of 115.5% but ranks second in market share with 16.2%. LGES is third with a growth rate of...

5 May 2023

In the first quarter of this year, Tesla produced over 440,000 vehicles and delivered over 422,000 vehicles. The company continues to transition towards a more even regional mix of vehicle builds, including Model S/X vehicles in transit to EMEA and APAC. Tesla will post its financial results for the first quarter of 2023 after the market close on Wednesday, April 19, 2023.

4 April 2023

Tesla's 2023 Investor Day offered several interesting pieces of information. For starters, during the time for vehicle design, Tesla presented in detail how it optimized the manufacturing process starting from design to the assembly resulting in decreasing the "nothing-to-do" time and more than 40% reduction in manufacturing footprint. Thus the company will build factories faster, with less CapEx and more output per...

3 March 2023