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Gas Prices Are Surging. Is This The EV Market's Big Moment? Maybe Not

As gas prices spike, consumers are expressing greater interest in hybrid and electric vehicles (EVs). And automakers’ advertising budgets are off the charts. But economic conditions including ongoing supply chain delays, semiconductor shortages and the ‘unprecedented’ inflation of nickel costs associated with Russia’s new commodities export ban stand to hurt EV adoption rates everywhere.

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Panasonic Bets on Tesla 'Beer Can' Battery to Unlock $25,000 EVs


Panasonic Bets on Tesla ‘Beer Can’ Battery to Unlock $25,000 EVs
Bloomberg
2 hrs ago
(Bloomberg) --
Panasonic Corp. is betting that close to a century of experience making car batteries has prepared it to manufacture a difficult-to-produce next-generation battery championed by Tesla Inc. as the key to unlocking cheaper and more ubiquitous electric vehicles.
Elon Musk, Tesla’s chief executive officer, first unveiled the 4680 battery at Tesla’s Battery Day in September as a “massive breakthrough” in cell technology that will make it possible for his company to produce EVs that sell for $25,000, roughly a third less than Tesla’s most basic Model 3. While Tesla plans to make the cells in-house, it has also asked its oldest battery supplier, Panasonic, to begin producing them as well.

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Panasonic Bets on Tesla 'Beer Can' Battery to Unloc...


Elon Musk, Tesla’s chief executive officer, first unveiled the 4680 battery at Tesla’s Battery Day in September as a “massive breakthrough” in cell technology that will make it possible for his company to produce EVs that sell for $25,000, roughly a third less than Tesla’s most basic Model 3. While Tesla plans to make the cells in-house, it has also asked its oldest battery supplier, Panasonic, to begin producing them as well.
The catch: the thicker and more voluminous 4680 cells, named after their dimensions of a 46-millimeter diameter and 80-millimeter height, are still largely unproven. Industry experts even question whether the batteries, which resemble a downsized version of the aluminum cans used for sodas and beer, are possible to mass produce.

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Panasonic bets on Tesla 'beer can' battery to unlock $25 000 EVs


MONEYWEB
app instead?
Panasonic bets on Tesla ‘beer can’ battery to unlock $25 000 EVs
‘If achievable, these battery cells would be groundbreaking. But the jury’s still out on whether they’re deliverable.’
By River Davis and Yuki Furukawa, Bloomberg
9 Apr 2021 
07:40 
Image: Bloomberg
Panasonic Corp. is betting that close to a century of experience making car batteries has prepared it to manufacture a difficult-to-produce next-generation battery championed by Tesla Inc. as the key to unlocking cheaper and more ubiquitous electric vehicles.
Elon Musk, Tesla’s chief executive officer, first unveiled the 4680 battery at Tesla’s Battery Day in September as a “massive breakthrough” in cell technology that will make it possible for his company to produce EVs that sell for $25 000, roughly a third less than Tesla’s most basic Model 3. While Tesla plans to make the cells in-house, it has also asked its oldest battery supplier, Panasonic, to begin producing them as well.

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Panasonic bets on Tesla 'beer can' battery to unlock US$25,000 EVs


Panasonic bets on Tesla 'beer can' battery to unlock US$25,000 EVs
River Davis and Yuki Furukawa, Bloomberg News
Mechanics should be trained to work with electric vehicles: College instructor
VIDEO SIGN OUT
Panasonic Corp. is betting that close to a century of experience making car batteries has prepared it to manufacture a difficult-to-produce next-generation battery championed by Tesla Inc. as the key to unlocking cheaper and more ubiquitous electric vehicles.
Elon Musk, Tesla’s chief executive officer, first unveiled the 4680 battery at Tesla’s Battery Day in September as a “massive breakthrough” in cell technology that will make it possible for his company to produce EVs that sell for US$25,000, roughly a third less than Tesla’s most basic Model 3. While Tesla plans to make the cells in-house, it has also asked its oldest battery supplier, Panasonic, to begin producing them as well.

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Panasonic bets big on Tesla's beer can battery to unlock $25,000 EVs

Panasonic bets big on Tesla's beer can battery to unlock $25,000 EVs
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