Tesla lines up Model S battery cells from Panasonic
Tesla Motors today said it has secured supply of battery cells from Panasonic for its Model S electric sedan, a move Tesla says will allow it to meet its cost targets.
Through the supply agreement, Panasonic will make enough lithium ion battery cells for 80,000 electric vehicles over the next four years, according to Tesla.
The Model S will use a line of batteries developed by Panasonic and Tesla specifically for electric vehicles. The collaboration came out of a deal between the two companies in 2009, in which Panasonic supplied battery cells, the components that go into battery packs, … Read more