Panasonic Corp said on Thursday it is working to develop a new battery cell for Tesla Inc based on the U.S. electric vehicle maker's new cell format, as the Japanese company moves forward its decade-old partnership with Tesla.

Japanese battery maker and Tesla supplier Panasonic is working on a breakthrough electric vehicle battery chemistry. The company is working on anode-free lithium metal batteries, which can boost energy density and reduce pack weight. With these new cells ...

Panasonic, one of Tesla's most important battery cell suppliers, is working on a higher-density Li-ion battery cell that could offer up to a 25% capacity increase. The anode-free battery cells could enable a Tesla Model Y to drive over 450 miles on a charge.

Tesla Inc CEO Elon Musk said improvements to be unveiled at the electric-vehicle maker's "Battery Day" event would not reach "serious high-volume production" until 2022, knocking its shares down.

Tesla has increased the range of a few Model 3 variants in Europe after updating the Chinese-made Model 3 with new battery cells from LG. One of the great advantages of electric vehicles is that they improve with advancements in battery technology.

Panasonic (OTCPK:PCRFF) (OTCPK:PCRHY) aims to develop a new type of higher-capacity electric vehicle battery within about two years, targeting completion by the end of 2027, a groundbreaking advance for the Tesla (TSLA) supplier. The innovation involves ...

Tesla says the first builds of a more affordable model happened in June, with volume production planned for the second half of 2025. A lower-priced Tesla built for autonomy could reaccelerate demand and deepen the company's software story.

Panasonic, the Japanese manufacturing giant, says it is working on a new battery cell that can add 90 miles of range to the Tesla Model Y – pushing it to over 450 miles (725 km). Of course, it could also just use fewer batteries and reduce the weight of ...