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

Article by Christian A., 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

Recommended

Kia’s Sorento midsize sports utility vehicle is reaching its mid-cycle for the 2018 model year. Thus, its fans, enthusiasts and satisfied customers are expecting the Sorento to receive an update...
by - July 22, 2017
The Lotus Evora Sport 410 astonished the world after arriving as the more powerful and lighter edition of the already impressive Evora 400. Now, Lotus Cars is throwing in another...
by - July 22, 2017
The Europe-bound WRC hatch developed by Toyota and Gazoo Racing team will be limited to just 400 examples as reported by AutoCar this week. Otherwise known as Gazoo Racing Masters...
by - July 21, 2017
Even cops get excited when they’re assigned to drive the best cars in the market. In Austria, police officers drive around in a Porsche 911 Carrera while in Milan, authorities...
by - July 21, 2017
Subaru has already announced that the all new Impreza will be out by fall this year. The 2018 model year not only gets a number of new upgrades, but it...
by - July 21, 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