2 Terawatt-hours per year is enough for about 26 million electric cars per year.
Panasonic will need to build up its battery supply chain including mining to meet the goal, Watanabe said at the Sydney Energy Forum. Panasonic plans to spend $4 billion to build a second gigafactory in Kansas to target growth in the US auto market.
excellent exclusive from @benchmarkmin @hjesanderson
Elon Musk and Tesla lay down 2TWh lithium ion battery capacity challenge to Panasonic. That’s 4X the industry’s size today
Assuming, 50% NCA 50% NCM – that’s a lot of raw materials #EV
Full story: https://t.co/Wa1rN9nJDg pic.twitter.com/Slw7OIMsNd
— Simon Moores (@sdmoores) July 17, 2022
excellent exclusive from @benchmarkmin @hjesanderson
Elon Musk and Tesla lay down 2TWh lithium ion battery capacity challenge to Panasonic. That’s 4X the industry’s size today
Assuming, 50% NCA 50% NCM – that’s a lot of raw materials #EV
Full story: https://t.co/Wa1rN9nJDg pic.twitter.com/Slw7OIMsNd
— Simon Moores (@sdmoores) July 17, 2022
Panasonic didn’t say but feel it’s a 2035 goal. Elon will for sure want it for 2030.
— Simon Moores (@sdmoores) July 17, 2022
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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I want LFP batteries and a solar roof in my Cybertruck!
Spacex Starship may mine minerals for future batteries.
Battery banks for grid storage, household battery buffers, electrified semi trucks and other large vehicles will need a bunch of capacity.
It doesn’t have to be all for EVs. Powerwalls and utilities storage need a lot of battery materials also.
However, for vehicles energy stored per kg or liter is crucial, which is where lithium based batteries are great. For stationary applications energy per dollar spent is the important thing. Other technologies might be better there.
For grid storage pumped hydro has been the main technology because it is cheap even though it takes a lot of space.
Considering that Ford and GM combined made only 8 million vehicles in 2021, I’d say 26 million/year is kinda ambitious.
Hope he does it tho
26 Million vehicles is just a scale comparison, so that we get a idea of how many batteries this is .. those batteries could be used in any Tesla product from cars to power walls to robots to whatever they are producing in 8 – 13 years time
Some of those GWh (1/2?) are for stationary storage and semi trucks.