News
Tesla Is Developing Means To Produce Its Own Battery Cells To Reduce Dependency On Panasonic
Tesla (NASDA: TSLA) has begun developing the means to produce its own batteries, reported by five current and recent employees. Currently, Tesla has relied on Panasonic for its batteries after signing an extensive partnership deal in 2014.
If Tesla is able to pull off manufacturing its own batteries, it will help tech company offer cheaper, higher-performance electric vehicles that it currently does today. Tesla would no longer have to pay or share data and resources with outside vendors or partners and it would be handling battery production in house.
Tesla vehicles, which currently are entirely electric, rely on a massive battery pack and battery cells to power the car or SUV. Both the battery pack and battery cells are the main cost component in an electric vehicle.
While Tesla, in the near future, may set the groundwork for in-house battery development, they are likely not going to cut all ties with Pansonic and other battery suppliers right away.
More News
Nissan Announces ‘Service Campaign’ To Avoid Recall Affecting Over 200K Nissan Altimas
Nissan Announces ‘Service Campaign' To Avoid Recall Affecting Over 200K Nissan Altimas
Released On: 8/5/2019
Views: 2258
Super Jumper Trampolines Recalled Over Fall Hazard
Super Jumper Trampolines Recalled Over Fall Hazard
Released On: 8/5/2019
Views: 1907
Tesla Brings Back Free Unlimited Supercharging For Model S and Model X For Limited Time
Tesla Brings Back Free Unlimited Supercharging For Model S and Model X For Limited Time
Released On: 8/5/2019
Views: 1899
Elon Musk Hints at Secret Project ‘Dojo” In The Race To Full Autonomous Driving in Tesla Vehicles
Elon Musk Hints at Secret Project ‘Dojo” In The Race To Full Autonomous Driving in Tesla Vehicles
Released On: 8/5/2019
Views: 1960
Tesla Plans To Test Solar Roof At Fremont Factory
Tesla Plans To Test Solar Roof At Fremont Factory
Released On: 8/2/2019
Views: 2148
Walmart Has Applied For Cryptocurrency Patent That Is Similar to Libra Token Proposed by Facebook
Walmart Has Applied For Cryptocurrency Patent That Is Similar to Libra Token Proposed by Facebook
Released On: 8/2/2019
Views: 2277
Roughly 24,000 Inclined Sleepers Sold Under The Disney and Eddie Bauer Brand Recalled
Roughly 24,000 Inclined Sleepers Sold Under The Disney and Eddie Bauer Brand Recalled
Released On: 8/2/2019
Views: 1673
Volkswagen Announces Recall of 28,000 CC and Tiguan Vehicles Over Airbag Module Issues
Volkswagen Announces Recall of 28,000 CC and Tiguan Vehicles Over Airbag Module Issues
Released On: 8/1/2019
Views: 1871
Tesla Addressing A Potentially Dangerous Issue with ‘Dog Mode’
Tesla Addressing A Potentially Dangerous Issue with ‘Dog Mode’
Released On: 8/1/2019
Views: 1871
Burger King To Sell The Meatless ‘Impossible Foods’ Burger While Supplies Last Starting August 5th
Burger King To Sell The Meatless ‘Impossible Foods’ Burger While Supplies Last Starting August 5th
Released On: 8/1/2019
Views: 1822
76,000 Pounds of Frozen Catfish Being Recalled By Queens-Based Food Supplier
76,000 Pounds of Frozen Catfish Being Recalled By Queens-Based Food Supplier
Released On: 7/31/2019
Views: 1821
5 Cryptocurrency Performers That Are In The News Today
5 Cryptocurrency Performers That Are In The News Today
Released On: 7/31/2019
Views: 2071
Frozen Meatballs Recalled In 10 States Over Allergen Risk
Frozen Meatballs Recalled In 10 States Over Allergen Risk
Released On: 7/29/2019
Views: 1789
Tesla Adds Netflix and Youtube Streaming to In Car Content
Tesla Adds Netflix and Youtube Streaming to In Car Content
Released On: 7/29/2019
Views: 1698
Tesla Beats Out Wall Street Predictions For Q2 2019 Deliveries
Tesla Beats Out Wall Street Predictions For Q2 2019 Deliveries
Released On: 7/3/2019
Views: 1762
Tesla Is Developing Means To Produce Its Own Battery Cells To Reduce Dependency On Panasonic
Tesla Is Developing Means To Produce Its Own Battery Cells To Reduce Dependency On Panasonic
Released On: 6/27/2019
Views: 2169
32 Lots Of Blood Pressure Drug Losartan Recalled Over Small Amounts Of Carcinogens
32 Lots Of Blood Pressure Drug Losartan Recalled Over Small Amounts Of Carcinogens
Released On: 6/27/2019
Views: 1987
Audi Announces Recall of 23,000 Q3 SUVS Due To Turn Signal Problems
Audi Announces Recall of 23,000 Q3 SUVS Due To Turn Signal Problems
Released On: 6/27/2019
Views: 2026
