Panasonic gets a four-year contract to supply Tesla with lithium-ion batteries

Article by Christian Andrei, on October 30, 2013

For those who don’t know, Panasonic is one of the biggest supplier of lithium ion batteries used in electric cars. Well, it appears that the company is set to became even bigger as it just won a four-year contract to supply cells to Tesla for its Model S and Model X electric cars, a deal that may generate around $7 billion.

In this deal, Panasonic will supply 2 billion lithium-ion battery cells to Tesla through 2017. A big number if we take a look that the 200 million units that the Japanese company shipped for Tesla in the past two years.

The new Tesla Model X crossover will arrive in late 2014, but until then Tesla plans to sell 21,000 this year. Next year, the company expects to sell around 10,000 units only in Germany. In the Netherlands the Tesla Model S surpassed the Volkswagen Golf.

Topics: panasonic, tesla

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

BMW’s 550i xDrive has long been considered as one of the most successful business sedans in the world. For the brand, this may not be enough as it has officially...
by - January 20, 2017
Amazon is now moving beyond the four corners of online retailing. Only recently, the retail giant has been awarded a patent for its Road Network system. Since the patented technology...
by - January 20, 2017
The newest version of the Lamborghini Huracan is not a Superleggera, but a Performante. When Lamborghini filed for a patent for a new name, there were still debates whether this...
by - January 20, 2017
What is hotter and more menacing than a Hellcat? If we ask Dodge, its answer would be the “Demon.” Of course, we aren’t talking about a demon with horns and...
by - January 20, 2017
The 2018 model year could be an exciting year for fans and enthusiasts of the Chevrolet Corvette. This comes as the 2018 version of the Corvette is bound to feature...
by - January 19, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries