Home Tech The Morning After: Panasonic’s higher-capacity Tesla battery may seem subsequent yr | Engadget

The Morning After: Panasonic’s higher-capacity Tesla battery may seem subsequent yr | Engadget

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The Morning After: Panasonic’s higher-capacity Tesla battery may seem subsequent yr | Engadget

Panasonic’s relationship with Tesla has been a profitable one. Last yr, the Japanese electronics firm was in a position to spin its $30 million stake in Tesla into $3.6 billion, however the team-up continues. A better-capacity next-gen battery for Tesla automobiles may go into manufacturing subsequent yr, boosting EV ranges by over 15 %.  

Although the battery is alleged to be twice as huge as earlier variations, it could have a fivefold improve in power capability. Panasonic is reportedly investing round 80 billion yen ($704 million) on new gear to supply the 4680 cell — only a fraction of that windfall.

The new cell can be apparently cheaper to supply, that means it may nicely have an effect on the pricing on future Teslas — in a great way.

— Mat Smith

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That’d line up with Google I/O.

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