Tesla will receive more capacious, but cheaper batteries in six months

Tesla will receive more capacious, but cheaper batteries in six months

September 15, 2020 0 By autotimesnews

Another 14th production line will appear by early next year at Gigafactory 1 in Nevada, the most important battery factory in Elon Musk’s plans to expand production of electric vehicles in the United States. The new line will produce more capacious Panasinic lithium-ion batteries – energy density will increase by 5%, while the amount of cobalt in them will be reduced, which will affect the cost price.

Carl Walton, vice president of North America for Panasonic Energy, said his company plans to build a 14th production line at Tesla’s Gigiafactory in Nevada, Clean Technica reported.

“This construction work needs to be done within the next two months. Then we will install new equipment at the beginning of the year and production will start shortly thereafter, ”he said.

Walton declined to give details, but did mention that the new line will be used to produce larger batteries at a reduced cost. It will increase the production capacity of Gigafactory, which now produces about 35 GWh of batteries per year, by 10%.

“The expansion will add approximately 100 jobs to our workforce,” Walton also said. Currently, Gigafactory 1 employs over 7,000 people.

In addition to building a new production line, the Japanese company is modernizing its Tesla battery manufacturing process, which will increase the battery’s energy capacity by 5%. Representatives of the companies did not disclose the exact amount of the transaction, but state that the amount of investment in the new production exceeds $ 100 million.

In addition, Panasonic has pledged to increase the capacity of its new Tesla batteries by 20% over the next 3-4 years. To this end, Japanese engineers are developing cobalt-free battery packs and, according to rumors, are already thinking over a strategy to commercialize the new technology.