Tesla's 4680 electric vehicle batteries are coming, but it will start production only by March 2024, with Panasonic taking the lead on the new power cells. The batteries will be twice the size of the current Tesla batteries, with the capacity being fivefold compared to old models, bringing a massive upgrade to the EV's battery.
Tesla 4680 Batteries: Panasonic to Start Production by 2024
Panasonic announced earlier that it is aiming to start the production of the 4680 batteries for Tesla, to begin before the end of March 2024 for it to kick off. According to Reuters, the company will then start its production in its Wakayama plant in Japan, where it will have two production lines that will build the batteries.
The Tesla 4680 battery stands for 46 millimeters wide and 80 millimeters tall (hence the 4680), which is significantly taller than the previous batteries of the EVs. The new batteries from Panasonic will bring a higher capacity, but the company did not yet unveil its specifications but got more for the EVs.
Panasonic's 4680 Batteries for Tesla: Higher Capacity
Nikkei Asia's report said that Panasonic is going all-in for the battery production for Tesla, and it will still be of the Lithium-Ion make, with 10 to 20 percent less than the need to bring regular batteries now. Tesla's EV batteries are going for an upgrade, but the timeline remains unknown from Panasonic.
The company invested as much as $694 million for the plant to center its production of the 4680 batteries.
Tesla's 4680 Batteries
There were many ventures to the Tesla's new battery cells from the different partner companies for this matter. The company focuses on bringing new power cells to its clean energy vehicles that focus on getting a higher range and performance to carry its functions, since the electric vehicles highly rely on battery power for their mobility.
Reports pointed out that the Panasonic is starting the battery production for Tesla by 2021, and its last announcement was the Battery Day 2020 of the company. The Japanese multinational company fulfills Tesla's dreams for an adequate-sized battery that will fit on EVs well, something which the Model Y will carry someday.
However, there were reports that LG will produce the 4680 cells but will begin by 2023 for the US and European regions.
Tesla and Panasonic's partnership continues to produce the 4680 cells or the high capacity batteries, which Elon Musk highly praises for several of the Battery Days. The only dilemma now is the wait that will befall the company and its fans regarding the new cells that will start production by 2024, with its delivery coming later.
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Written by Isaiah Richard
