Panasonic will reportedly start mass producing next-gen Tesla batteries in 2023
Illustration by Alex Castro / The Verge Panasonic is due to start mass producing next-generation lithium-ion batteries for Tesla with five times the energy capacity of existing models as early as 2023, according to a report from Nikkei Asia. Although the batteries are being manufactured primarily for Tesla, a Panasonic executive didn't rule out supplying them to other companies in a November interview. The new batteries promise to boost the range of electric cars, and make them more affordable to produce and sell.
In a statement given to Reuters, Panasonic declined to confirm Nikkei's report. We are studying various options for mass production, including a test production line we are establishing this business year," the company said. We don't, however, have anything to...