Connect with us

News

Panasonic looks beyond Tesla, signs Toyota partnership on electric car battery venture in 2020

Photo: REUTERS

Published

on

Toyota Motor Corporation and Panasonic are combining resources in a joint venture to produce electric vehicle batteries that will begin in 2020, according to a report published by Nikkei Asian Review. To compete with Chinese players rapidly growing into the EV arena, five Panasonic battery manufacturing facilities in Japan and China will be made part of the new partnership to boost their production to reach 50 times the current capacity. The pooling of resources could provide both companies with much-needed network resources to increase their EV market presence.

The two Japanese manufacturing giants already have experience in collaboration with one another – Primearth EV Energy is their venture producing batteries for Toyota and Honda hybrid vehicles. This new collaboration will first aim to ramp up production and triple Toyota’s annual EV sales to 5.5 million by 2030, but it will also work to develop next-generation high-capacity solid-state lithium batteries, a goal needing plenty of capital and access to top talent. The company’s electric vehicle partner Mazda Motor and subsidiaries Daihatsu Motor and Subaru may be initial recipients of the newly produced batteries, with Panasonic-supplied Honda Motor on the wish list for product adoption.

A partnership deal between Panasonic and Toyota was first reached in 2017. An official announcement may take place later this week according to Nikkei’s source.

Panasonic establishes a global battery cell production facility in 2017 at Dalian, China for electric vehicles

As of 2017, about 60% of world’s lithium-ion batteries are made in China, and the government there is taking aggressive steps to expand on that number. Tesla’s red carpet treatment with its Gigafactory 3 is a testament to this, with limited land bids in their favor and even “green card” residency being offered to CEO Elon Musk. Toyota has not kept up with its Chinese and Volkswagen EV rivals in the market, thus a partnership enabling a widened resource network and customer reach opportunities seems to be part of a competitive strategy. The carmaker will reportedly own 51 percent in the new venture with Panasonic.

In addition to a quickly expanding presence in China, adding to Toyota’s EV woes in the country, Tesla has its own partnership history with both of the venturing companies in the battery and electric vehicle manufacturing arena. In 2010, Toyota purchased $50 million of Tesla stock as part of a vehicle-cooperation agreement which also included the development of a version of the Japanese automaker’s RAV4 model with a Tesla electric powertrain. Company culture clashes first sunk that part of the deal in 2014, and the full relationship drifted apart and ended in 2017 as a result of Tesla’s eventual emergence as a full-fledged Toyota competitor in the green car market, while the Japanese automaker focused on hydrogen cars.

Panasonic, on the other hand, continues to have a battery production agreement with Tesla, and may even be intending to double down on that partnership by bringing operations to a US-based location this year. Some US production – Model 3 2170 cells – is already done inside Gigafactory 1 by Panasonic, but the Model S and Model X cells are still made in the company’s Japanese factories. According to the Nikkei report, the new joint venture between the Japanese manufacturers will not include any of Panasonic’s Tesla cell producing factories.

Advertisement

Accidental computer geek, fascinated by most history and the multiplanetary future on its way. Quite keen on the democratization of space. | It's pronounced day-sha, but I answer to almost any variation thereof.

Advertisement
Comments

News

Tesla is launching a crazy new Rental program with cheap daily rates

This week, Tesla launched its in-house Rental program that will give people a vehicle for between three to seven days, with prices varying and starting at just $60 per day.

Published

on

(Credit: Tesla)

Tesla is launching a crazy new Rental program with cheap daily rates, giving people the opportunity to borrow a vehicle in the company’s lineup with an outrageous number of perks.

This week, Tesla launched its in-house Rental program that will give people a vehicle for between three to seven days, with prices varying and starting at just $60 per day.

However, there are additional perks that make it a really great deal, including Free Supercharging and Free Full Self-Driving (Supervised) for the duration of the rental.

There are no limits on mileage or charging, although the terms do not allow you to leave the state you are renting.

Tesla wrote in an email advertising the program:

Advertisement

“Rent a Tesla and see how it makes every errand, commute, and road trip more fun. While it’s yours, try Full Self-Driving (Supervised) and control and monitor your vehicle with the Tesla app. 

Schedule your rental for three to seven days starting at $60 per day (plus taxes and fees) and charge for free at any Tesla-owned Supercharger.

Order your own Tesla within seven days of your rental to get up to a $250 credit toward your purchase.”

Tesla has long adopted the mentality that butts in seats will sell cars, and for the most part, it is a great strategy. Driving a Tesla is different from owning and driving a combustion engine vehicle; it truly feels as if you are in a car from the past when you get back in an ICE car.

This strategy could be looked at as more of a way for people to experience Tesla ownership than anything.

Although some might use it as a typical rental program that will see it be a cool way to drive without putting miles on a personal car, most will use it as the 48-hour test drive was designed for, which is a short-term way to experience EV ownership.

Tesla is only offering this program at a handful of locations currently, including San Diego and Costa Mesa, California.

Advertisement
Continue Reading

News

Tesla makes online ordering even easier

Tesla has a great trade-in program that allows you to give the company your vehicle in exchange for cash, even if it’s not an EV. Their trades are mostly fair, but the company seems to undervalue its own vehicles, and there have been plenty of complaints over offers in the past.

Published

on

(Credit: Tesla Asia | X)

Tesla has adjusted its Online Design Studio to make for an easier trade-in process, reflecting the details of the exchange for a more accurate reflection of payment terms.

Tesla has a great trade-in program that allows you to give the company your vehicle in exchange for cash, even if it’s not an EV. Their trades are mostly fair, but the company seems to undervalue its own vehicles, and there have been plenty of complaints over offers in the past.

Trade-ins are usually given by submitting vehicle details, then Tesla sends an email with an offer. Offers are non-negotiable, but do adjust over time, although the latest offer is valid for 30 days.

I traded my ICE vehicle for a Tesla Model Y: here’s how it went

Knowing your new Tesla’s cash price, leasing or loan details, and monthly payment information used to be done by the car buyer. From personal experience, I simply subtracted my trade-in from the cash price of the Tesla Model Y, and I plugged those numbers into the payment calculator.

Advertisement

Now, Tesla is implementing the trade-in process directly into the Design Studio. It will adjust the price of the car and the different monthly payment methods automatically:

The change is already noticed in a handful of states, including California, but it has not rolled out across the board quite yet. It will be implemented in all of the U.S., as well as Canada, this coming week.

Advertisement

The trade-in process is very simple, and after you accept your offer, you simply drop your vehicle off during the delivery process. Making this simple change will be greatly appreciated by owners.

Continue Reading

News

Tesla confirms Robotaxi is heading to five new cities in the U.S.

After launching in Austin, Texas, in late June and the Bay Area of California just a few weeks later, Tesla has been attempting to expand its Robotaxi suite to new states and cities in the U.S., and even outside of the country.

Published

on

Credit: Tesla

Tesla Robotaxi will hit five new cities in the United States in the coming months, the company confirmed.

After launching in Austin, Texas, in late June and the Bay Area of California just a few weeks later, Tesla has been attempting to expand its Robotaxi suite to new states and cities in the U.S., and even outside of the country.

The Robotaxi suite is a ride-hailing service Tesla offers, but the details of it change with each jurisdiction, as regulations vary. For example, in Austin, Tesla can operate the Robotaxi suite without anyone in the driver’s seat, as long as the vehicle does not enter a freeway.

Credit: Tesla

In the Bay Area, a Safety Monitor rides in the driver’s seat, essentially acting as the vehicle operator with Full Self-Driving controlling the car.

The local regulations and how Tesla handles them will continue to be a relevant part of the discussion, especially as the company aims to expand the Robotaxi program to different areas. This has been a primary focus of the company for several months, especially within the United States.

CEO Elon Musk said that Tesla was aiming to launch Robotaxi in Nevada, Arizona, and Florida. However, the company detailed five specific cities where it will launch Robotaxi next during the Annual Shareholder Meeting on Thursday.

Advertisement

Tesla will launch Robotaxi in Las Vegas, Phoenix, Dallas, Houston, and Miami next, broadening its Service Area for the suite to more major cities across the U.S.

It has said it plans to offer the service to half of the U.S. population by the end of the year, but it does not seem as if it will expand to more than a handful of cities this year, which is still tremendous progress, all things considered.

As far as autonomy is concerned, Tesla has always had lofty expectations and has made some even loftier statements.

At the Shareholder Meeting, Musk said that the company would likely be able to enable vehicle owners to text while the vehicle drives, alleviating them from potentially having some of the responsibility they have behind the wheel.

Tesla says texting and driving capability is coming ‘in a month or two’

Advertisement

It is not confirmed that Tesla will roll this out in the next few months, but Musk said there is a possibility.

Continue Reading

Trending