Panasonic will invest $705 million to launch Tesla 4680 battery production in 2023

Panasonic will invest as much as $705 million on new production facilities in Japan as it plans to build Tesla’s new 4680 battery cell as early as 2023, new reports said. Tesla unveiled the 4680 battery cell at its Battery Day event in September 2020. The new chemistry had five times the energy, sixteen percent … Continue reading Panasonic will invest $705 million to launch Tesla 4680 battery production in 2023