LG Energy Solution Is Feeling The Tesla Effect Thanks To Made-In-China Model Y Sales

Credit to Author: Johnna Crider| Date: Thu, 22 Jul 2021 23:04:02 +0000

LG Energy Solutions is feeling the “Tesla effect” thanks to Tesla’s success with its made-in-China Model Y sales. The Tesla Model Y enabled LG Energy Solutions to dethrone CATL as the world’s top battery vendor. Many factors enabled LG to make this accomplishment, but one key factor was the strong demand and increasing momentum of […]

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Toyota & Panasonic Joint Venture Plans To Cut Battery Costs By 50%

Credit to Author: Steve Hanley| Date: Mon, 19 Jul 2021 16:05:03 +0000

The joint venture between Toyota and Panasonic will soon be able of producing enough batteries for 80,000 electric cars. That’s not nearly enough.

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Report: Multiple Battery Suppliers Are Courting Tesla, Hoping To Make 4680 Battery Cells

Credit to Author: Johnna Crider| Date: Thu, 15 Jul 2021 22:35:46 +0000

It seems that battery makers are hoping that Tesla will choose them to produce its 4680 tabless battery cells. The Korea Herald has reported that Samsung SDI and LG Energy Solution have completed the development of samples of the 4680 battery cells. This is an effort to win Tesla’s heart, or at least win a […]

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Panasonic Dumps Tesla Shares For $3.61 Billion Windfall

Credit to Author: Jo Borrás| Date: Fri, 25 Jun 2021 18:45:28 +0000

Recent filings reveal that electronics giant Panasonic sold its stake in Tesla at the end of its fiscal year (March) for a whopping 400 billion yen. For those of you who like your news in ‘Murican, that’s more than a US$3.6 billion haul for the Japanese firm. A spokesperson for Panasonic told Reuters that the […]

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How to Recalibrate Your Tesla Battery to Regain Range

Credit to Author: Iqtidar Ali| Date: Fri, 25 Jun 2021 12:00:41 +0000

Originally posted on Tesla Oracle & EVANNEX. When you own an electric vehicle, charging protocol is important. Sometimes, due to improper charging habits, a Tesla’s battery can have calibration issues. In turn, these calibration issues can result in battery degradation that might show up — even for a relatively new Tesla. In a prior extensive test, a […]

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Panasonic’s New CEO Wants To Produce More Batteries For Tesla

Credit to Author: Johnna Crider| Date: Thu, 24 Jun 2021 14:45:22 +0000

Panasonic’s new CEO and President, Yuki Kusumi, has set a 2-year goal to produce more batteries for Tesla while freeing up billions of dollars to invest in new areas of growth. He’s intent on making Panasonic more efficient, Bloomberg reports. The new CEO will be working alongside the staff instead of working inside the former […]

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Canaccord Genuity: Tesla Is Becoming “The Brand” In Energy

Credit to Author: Johnna Crider| Date: Sun, 02 May 2021 19:28:03 +0000

Canaccord Genuity had some positive things to say about Tesla recently, according to StreetGuru. Tesla is becoming the brand in energy generation and storage and Canaccord Genuity estimated that Tesla will reach $8 billion in revenue by 2025. “We expect the energy management platform to have strong demand, particularly in California, where electricity supply has […]

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CNBC: How Tesla’s Battery Mastermind Is Tackling Electric Vehicles’ Biggest Problem

Credit to Author: Johnna Crider| Date: Mon, 26 Apr 2021 00:42:46 +0000

In a new video, CNBC details how Tesla’s battery mastermind is solving the largest problem that EVs have. The video starts out with thousands of plastic bags filled with batteries. These batteries come from EVs, phones, scooters, laptops, and other electronic devices. Since these batteries are both flammable and toxic, it’s critical that they don’t […]

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Global Plugin Vehicle Sales Up 43% In 2020, European Sales Up 137%

Credit to Author: Zachary Shahan| Date: Mon, 08 Feb 2021 15:39:18 +0000

Plugin electric vehicles (fully electric vehicles as well as plugin hybrids) had a sales increase of 43% in 2020 compared to 2019 according to new data from EV Volumes. That meant a rise from 2.5% market share in 2019 to 4.2% share of the global light-duty vehicle market in 2020. In the first half of […]

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Panasonic Boosts Its Profit Outlook Due To Tesla

Credit to Author: Johnna Crider| Date: Fri, 05 Feb 2021 17:55:26 +0000

Panasonic expects its battery business supplying Tesla to be profitable this fiscal year, Reuters reports, and the company has raised its operating profit forecast for the year by over half. The company announced in October that it was developing the new battery cell that Tesla announced on Battery Day — the 4680 cells — and […]

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