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Panasonic invests $30M in Tesla Motors

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Panasonic Corporation has invested $30 million in Tesla Motors. The investment was made through the purchase of Tesla common stock in a private placement at a price of $21.15 We are proud to strengthen our relationship with Tesla Motors. Tesla is agnostic as to.the cell. ” ( Earlier post.).

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Tesla to use Umicore in Li-ion battery recycling program in Europe

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Tesla Motors has launched a recycling program in Europe for its Li-ion battery packs, and will recycle its battery packs at Umicore ’s UHT facility in Belgium. Earlier post.)

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Amara Raja to set up Gigafactory for Li-ion Battery Manufacturing in Telangana

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The lithium-ion battery that energizes the vehicle is the most expensive component in an electric vehicle. Tesla has already set up Gigafactories for battery research and manufacturing in the US and China. They produce batteries for Tesla cars and solar applications. They produce batteries for Tesla cars and solar applications.

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Lux: Tesla likely to miss 2020 vehicle target by >50%; Gigafactory to bring only modest reduction in costs, >50% overcapacity

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Tesla and its partner, Panasonic, will contribute about 45% and 35%, respectively, of the initial $4 billion required to build the Gigafactory, proposed to go on-stream in 2017. Lux Research evaluated Tesla Motors’ Gigafactory plan and its consequences for the EV industry. million cars per year mark by the year 2025.

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Panasonic and Tesla expand supply agreement for Li-ion cells; nearly 2 billion through 2017

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Panasonic Corporation and Tesla Motors have expanded their 2011 supply agreement so that Panasonic will now supply nearly 2 billion automotive-grade lithium-ion battery cells to Tesla through 31 December 2017 at long-term preferential prices. We are extremely proud to be a strategic partner of Tesla.

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Lux Research: Panasonic battery division back to profitability and expanding due to Tesla Model S

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Panasonic’s lithium-ion (Li-ion) battery division is resurgent, largely due to the shipments of Tesla Motors’ Model S, notes Lux Research. Panasonic’s improved Li-ion fortunes coincide with its customer Tesla’s sales of the Model S and its battery packs ranging from 60 kWh to 85 kWh.

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Mercedes-Benz presenting new battery-electric B-Class concept at Paris show

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Mercedes-Benz will present a battery-powered electric concept variant of the B-Class at the Paris Motor Show, reportedly developed in partnership with Tesla Motors. Earlier post.) Market launch is planned for 2014.

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