Japan’s Panasonic Corp. is trying to buy land in the USA for an enormous manufacturing facility to make a brand new sort of electrical automobile battery for Tesla, public broadcaster NHK reported on Friday.
Panasonic is constructing the a number of billion greenback manufacturing facility in both Oklahoma or Kansas for his or her proximity to Texas, the place Tesla is making ready a brand new EV plant, NHK reported. NHK gave no timeline for Panasonic’s U.S. venture.
NHK didn’t cite the supply of its data. Panasonic stated the reported plan was not one thing it introduced.
An extended-time Tesla provider, Panasonic has already introduced plans to start mass-producing the brand new sort of lithium-ion battery for Tesla earlier than the tip of March, 2024 with two new manufacturing strains at its western Japanese plant in Wakayama.
The 4680 format (46 millimeters extensive and 80 millimeters tall) battery is about 5 occasions larger than these at present provided to Tesla, that means the automaker will be capable to decrease manufacturing prices.
The brand new powerpack can also be anticipated to enhance automobile vary.