The Morning After: Panasonic's higher-capacity Tesla battery could appear next year

·Bureau Chief, UK
·3 min read
Tim Kelly / reuters

Panasonic’s relationship with Tesla has been a successful one. Last year, the Japanese electronics company was able to spin its $30 million stake in Tesla into $3.6 billion, but the team-up continues. A higher-capacity next-gen battery for Tesla vehicles could go into production next year, boosting EV ranges by over 15 percent.

Although the battery is said to be twice as big as previous versions, it may have a fivefold increase in energy capacity. Panasonic is reportedly investing around 80 billion yen ($704 million) on new equipment to produce the 4680 cell — just a fraction of that windfall.

The new cell is also apparently cheaper to produce, meaning it could well affect the pricing on future Teslas — in a good way.

— Mat Smith

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