December 9, 2022

TOKYO: Panasonic unveiled on Monday a extra superior prototype battery that has 5 occasions the storage capability of present ones, with the corporate’s battery chief saying it can assist deepen enterprise ties with U.S. electrical automotive maker Tesla Inc.

Throughout a media roundtable the place Kazuo Tadanobu unveiled the brand new battery for the primary time, he additionally mentioned Panasonic had no plans to make cheaper Lithium Iron Phosphate (LFP) electrical automobile batteries.

Panasonic this yr established a check line in Japan to make the 4680 format (46 millimetres extensive and 80 millimetres tall) battery cell that Tesla says will retailer extra vitality, halve battery prices and drive a 100-fold improve in battery manufacturing by 2030.

“We have now developed this due to the robust need of the opposite get together, and we expect this may solely result in stronger ties,” Tadanobu mentioned.

Panasonic’s dedication to deepening enterprise ties with Tesla comes because the EV maker diversifies its suppliers past the Japanese firm, forging provide contracts with South Korea’s LG Vitality Answer, owned by LG Chem, and China’s Up to date Amperex Expertise Co (CATL).

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