Panasonic, Tesla rekindle romance, strike supply agreement for Model S batteries
Panasonic and Tesla renewed their corporate wedding vows yesterday, with a new supply agreement on lithium-ion batteries. Under the accord, Panasonic will provide Tesla with cells for some 80,000 cars over the next four years, effectively ensuring that the manufacturer will meet its ramped-up production targets for 2012 — including more than 6,000 orders for its Model S EV. As for the batteries themselves, they’ll be made using Panasonic’s nickel-type cathode technology, which, according to the company, will offer the highest energy density known. Of course, we’re still awaiting for the Model S to actually enter full production, but you can whet your electric appetite with Panasonic’s full press release, available after the break. Continue reading Panasonic, Tesla rekindle romance, strike supply agreement for Model S batteries Panasonic, Tesla rekindle romance, strike supply agreement for Model S batteries originally appeared on Engadget on Thu, 13 Oct 2011 07:02:00 EDT. Please see our terms for use of feeds . Permalink
Posted by
on October 13, 2011. Filed under