Panasonic is expected to start series production of the next-generation cylindrical lithium-ion batteries (aka 4680-type) for Tesla's electric cars next year. The company is currently focusing on refining the manufacturing process of the new type of cell that was unveiled in October 2021. According to Nikkei's unofficial sources, the Japanese company intends to invest around $704 million USD in a new plant in Wakayama prefecture, Japan. The rumored manufacturing capacity will be around 10 G.W.h. per year. As it does not sound like a lot, considering the current stage of the industry, we guess that it's just the initial value of the first plant in Japan.

Source: Summarized from Mark Kane at insideevs.

My Take: Good plan. They are going to need an endless supply of batteries to support this change in the auto industry.

Re Posted From: Panasonic To Start Production of Teslas 4680 Cells In 2023

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Panasonic is expected to start series production of the next-generation cylindrical lithium-ion batteries (aka 4680-type) for Tesla's electric cars next year. The company is currently focusing on refining the manufacturing process of the new type of cell that was unveiled in October 2021. According to Nikkei's unofficial sources, the Japanese company intends to invest around $704 million USD in a new plant in Wakayama prefecture, Japan. The rumored manufacturing capacity will be around 10 G.W.h. per year. As it does not sound like a lot, considering the current stage of the industry, we guess that it's just the initial value of the first plant in Japan.

Source: Summarized from Mark Kane at insideevs.

My Take: Good plan. They are going to need an endless supply of batteries to support this change in the auto industry.

Re Posted From: Panasonic To Start Production of Teslas 4680 Cells In 2023

Auto Helpers