Tesla will reportedly boost battery performance next year

Tesla

Photo: Thomas Niedermuller (Getty Images)

With production of the next-generation battery looming, Tesla will soon round the other corner of the competition, putting range anxiety in the rearview mirror. Panasonic will reportedly begin mass-producing new lithium-ion batteries as early as 2023, which could increase the range of electric vehicles by 20 percent. Nikkei Report.

4680 units (46mm x 80mm) double the size of the previous generation But five times the capacity so you can use less battery and get more juice. As the report notes, the new battery will increase the Model S’s range from about 650 kilometers (about 405 miles) to 750 kilometers, or 465 miles.

Even better, the battery is 10-20% lower production costs, and since you don’t need to use as much, it could lead to lower EV prices (battery accounts for about 30% of EV costs, according to Nikkei)). Tesla CEO Elon Musk said last year that next-generation batteries are six times more powerful and reduce the cost per kilowatt-hour by 14 percent.

While electric cars keep pouring into the market, high prices prevent them from becoming mainstream, and the cheapest EVs — the Nissan Leaf, Mini Cooper SE and Chevrolet Bolt — have less than 300 miles of range. Tesla’s Model 3 was designed to bring electric cars to the masses, but the price hike has brought the base model to $45,000.

Panasonic, a major supplier of Tesla’s high-priced models, is reportedly investing 80 billion yen ($704 million) at its Wakayama factory in new equipment to make batteries. The factory is said to have enough capacity to equip 150,000 electric vehicles, or about 20 percent of Panasonic’s total production capacity.

untilSonic will begin producing these batteries in small batches as early as March this year to ensure their safety, before entering mass production in 2023 and possibly expanding manufacturing to other countries thereafter.in a statement Reuters, untilSonic declined to comment on the Nikkei report.

“We’re looking at various options for mass production, including a test line we’ve built this fiscal year,” the company said. “However, we don’t have anything to announce at this time.”

along with Using batteries made by Panasonic, Tesla Plan to produce own in-house solutions and reduce reliance on external partners. However, Musk said in September last year that the leading electric car maker planned to increase purchases from Panasonic, LG Chem and CATL, but warned that unless the company augmented those batteries with its own, 2022 and beyond There is a “serious shortage”.

Musk expects Tesla to start producing its own 4680 batteries sometime this year and deliver the first electric cars powered by those batteries in 2022 — starting with the Model Y.Tesla’s next earnings call will be in January 26, should provide some clearer The company’s upcoming products.

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