Panasonic is adding another production line to the massive factory it operates with Tesla in Nevada, an expansion that will increase battery cell capacity by 10%. The Sparks facility, dubbed Gigafactory 1, is the centerpiece of Tesla’s plan to expand global battery capacity and reduce the cost of electric vehicles. Panasonic has been its most […]
Tesla’s secret batteries aim to rework the math for electric cars and the grid
New, low-cost batteries designed to last for a million miles of use and enable electric Teslas to sell profitably for the same price or less than a gasoline vehicle are just part of Musk’s agenda, people familiar with the plans told Reuters Electric car maker Tesla Inc plans to introduce a new low-cost, long-life battery […]
