Tag: Panasonic

By on April 11, 2019

Tesla Model 3, Image: Tesla

Tesla’s lackluster first-quarter deliveries report did more than spook analysts and investors — it also provided the rationale for Panasonic to reevaluate its relationship with the automaker. Japan’s Nikkei Asian Review reports that the battery maker, which partnered with Tesla on the automaker’s Nevada Gigafactory 1, has grown cold feet.

The publication reports the two companies have frozen spending on the Nevada plant, culling plans for an expansion of battery production. Not only that, Panasonic has decided not to invest in Tesla’s Shanghai vehicle/battery production facility. (Read More…)

By on January 22, 2019

2018 Toyota Camry XLE gauges

Already a pioneer in hybrid drive technology, Toyota’s recent push towards fully electric cars has birthed a joint venture with one of the world’s premier battery makers, potentially opening up a massive revenue stream for the automaker.

On Tuesday, the company announced the creation of a joint venture with Panasonic to supply other automakers with a “stable supply of competitive batteries.” (Read More…)

By on September 27, 2018

Tesla Model 3, Image: Tesla

When Tesla Motors began production of its Model 3 sedan, CEO Elon Musk announced the firm was entering into a kind of “production hell.” He probably didn’t realize just how accurate a statement that would turn out to be. Already contending with a backlog of orders for the Model 3, Tesla simply couldn’t meet the volume targets it set for itself over the last year. It’s now bending over backwards to finish the quarter strong and prove to investors it is capable of turning a profit.

The automaker frequently referenced production bottlenecks as the culprit for the Model 3’s delay. Panasonic, the sole battery supplier for the vehicle, appears to be taking ownership of the issue. “The bottleneck for Model 3 production has been our batteries,” Yoshio Ito, Executive Vice President of Panasonic, said on Tuesday. “They just want us to make as many as possible.”  (Read More…)

By on January 27, 2018

Tesla’s Model 3, described by many as a make-or-break product for the EV startup, has had a very slow launch, with production falling far short of the numbers Tesla had predicted.

CNBC is now reporting that, according to current and former Tesla employees, one of the factors in the launch delay is the failure of Tesla’s battery “Gigafactory” in aptly named Sparks, Nevada to come up to speed. Ironically, the highly automated factory apparently needs so much human hand work that Tesla has had to “borrow” dozens of employees from its partner in the facility, Panasonic. (Read More…)

By on November 13, 2017

Image: 2002 Toyota RAV4 EVThe first-generation Toyota RAV4 arrived on the market at the beginning of the compact crossover boom. While almost all first-generation models had four cylinders under the hood, there were exceptions. If you were fortunate enough to live in the People’s Republic of California, you could pony up for the electric version and show all your neighbors how conscientious you were. But that’s only part of the story.

The rise and fall of the RAV4 EV is an interesting historical aside, because it shows you exactly what corporate treachery can do.

(Read More…)

By on March 21, 2017

2017 Nissan Rogue SL AWD Palatial Ruby infotainment, Image: © 2017 Chris Tonn

The company once known mainly for its televisions is growing ever-longer tentacles into the automotive industry.

Panasonic, which is already a major battery supplier for electrified vehicles, has bought a majority stake in a Spanish auto parts supplier, giving it a larger foothold in the automotive realm. (Read More…)

By on October 17, 2016

Buffalo (David Hamill/Flickr)

Sparks flew when Tesla teamed up with Panasonic to produce battery packs at the automaker’s Nevada Gigafactory. Of course, it helped that the Japanese battery maker brought $1.6 billion of its own money to the table.

After it tested the waters and liked what it saw, Tesla has now inked an agreement with Panasonic to bring jobs — hopefully long-lasting ones — to Buffalo, New York. (Read More…)

By on October 13, 2014

Super GT Panasonic Toyota Prius

Just how much will Panasonic throw down on the table when it comes time to invest in Tesla’s new Gigafactory near Reno, Nev.? According to CEO Kazuhiro Tsuga, “tens of billions” of yen.

(Read More…)

By on July 31, 2014

Tesla Model S Test Drive At The Panasonic Center Tokyo

It’s official: Panasonic and Tesla have signed an agreement regarding their partnership involving the Gigafactory.

(Read More…)

By on July 29, 2014

Tesla Model S Test Drive At The Panasonic Center Tokyo

It’s almost official: Panasonic and Tesla will enter into a basic agreement where the former will supply the latter with battery-production machines for the automaker’s up-and-coming Gigafactory.

(Read More…)

By on May 23, 2014

Toyota Panasonic TF108

Though Toyota will soon end its battery program with Tesla for its RAV4 EV crossovers, the automaker aims to remain R&D partners on battery technology. Meanwhile, Panasonic wants to be the only producer involved in Tesla’s Gigafactory production.

(Read More…)

By on February 27, 2014

Tesla Gigafactory

After months of speculation, Tesla drew back the curtain on their most ambitious project to date, the Gigafactory.

(Read More…)

By on February 26, 2014

Toyota Panasonic TF108

In the wake of Tesla shares hitting an all-time high of $259.20 after Morgan Stanley raised its target price to $320/share, battery maker Panasonic is gathering a few partners to go all in on a $1 billion investment in the automaker’s Gigafactory battery production plant.

(Read More…)

By on October 31, 2013

 

 

Tesla Motors has used exclusively Panasonic lithium ion battery cells since it started selling electric cars.

Tesla Motors has used exclusively Panasonic lithium ion battery cells since it started selling electric cars. 2010 photo.

Panasonic Corp., which already is the largest supplier of lithium ion batteries for the electric car industry, has announced that it has signed a new contract with Tesla to supply battery cells for the Model S and upcoming Model X electric vehicles. The Japanese company will supply 2 billion 18650 form factor lithium-ion cells worth up to $7 billion over the next four years. Panasonic has been Tesla’s exclusive supplier of battery cells since it started selling its first EV, the Tesla Roadster. (Read More…)

By on March 27, 2013

Detroit is a funny market when it comes to advertising. In addition to the ads, commercials and billboards that you might see or hear in other markets from national and regional advertisers, there is some advertising that is specific to the automotive industry, usually from tier 1 vendors trying to make a sale to one of the domestic automakers. As a result, there might be a billboard on I-75 about, for example, exhaust systems, suspension components or audio equipment that is targeted at a relatively small audience, the people at Chrysler, GM and Ford who make the final engineering and purchasing decisions. (Read More…)

Recent Comments

  • bd2: C/D saw a combined 30 mpg on the Sonata Eco which has basically the same powertrain. Shows the effect of the...
  • Gedrven: It had better visibility and cleaner styling, too. My first car was a 95 Sentra. Other than alternator...
  • Gedrven: It’ll come down to suspension tuning, but the basic design is off to a good start: tThis car is...
  • bd2: Better done than the Cherokee, plus it was Citroen that started the trend.
  • bd2: For those (niche buyers) looking for more power, there will be a Kona-N variant.

New Car Research

Get a Free Dealer Quote

Staff

  • Contributors

  • Timothy Cain, Canada
  • Matthew Guy, Canada
  • Ronnie Schreiber, United States
  • Bozi Tatarevic, United States
  • Chris Tonn, United States
  • Corey Lewis, United States
  • Mark Baruth, United States
  • Moderators

  • Adam Tonge, United States
  • Corey Lewis, United States