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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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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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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. Battery cell sales for hybrids, plug-in hybrids and EVs. Click to enlarge.

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ALTe Developing Series Plug-in Hybrid Powertrains for Conversion and OEM Applications

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Rendering of the Gen 2 series plug-in hybrid powertrain under development. A Bloomfield, Michigan startup is developing light- and medium-duty series plug-in hybrid electric vehicle powertrain systems—initially as conversions, but ultimately extending to an OEM basis. Tags: Conversions Hybrids Plug-ins. Source: ALTe.

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Tesla Unveils Model S Electric Sedan

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Tesla Motors Inc. The Model S will carry an initial price of $57,400; applying the new $7,500 Federal tax credit for plug-ins will drop the effective price to $49,900. The Tesla Model S. The Tesla Model S. Tesla says that rapid charging will recharge the battery pack in 45 minutes. Click to enlarge.

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Toyota introduces new RAV4 EV; 41.8 kWh pack, 100-mile range

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Toyota Motor Sales, U.S.A., kWh Li-ion pack, offering an expected driving range rating of approximately 100 miles (161 km). The RAV4 EV—22 months in development—combines a Tesla Motors-designed and -produced battery and electric powertrain with Toyota’s most popular SUV model.

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Toyota RAV4 EV key for meeting California ZEV requirements; Tesla powertrain uses Model S components

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The converted RAV4 is the result of the partnership between Toyota and Tesla Motors announced in May 2010; Toyota has contracted for 2,600 units. The battery pack is a 386V Li-ion pack comprising about 4,500 cells and rated at 41.8 Accordingly, the RAV4 EV is only being sold in California. Power output is 129 kW max.

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