Panasonic Scaling Batteries for 26 Million EVs Per Year to Supply Tesla

Panasonic Energy is building a pipeline of 2 terawatt-hours (TWh) of battery and raw material supplies for Tesla as part of a new mandate from the Elon Musk-led company, according to Chief Technology Officer Shoichiro Watanabe.

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.

8 thoughts on “Panasonic Scaling Batteries for 26 Million EVs Per Year to Supply Tesla”

  1. Battery banks for grid storage, household battery buffers, electrified semi trucks and other large vehicles will need a bunch of capacity.

  2. 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.

  3. 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

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