Hyperdrive
Panasonic Bets on Tesla ‘Beer Can’ Battery to Unlock $25,000 EVs
- Panasonic testing new 4680 cells for mass production
- Battery maker says ‘well-positioned’ for technical challenges
Photographer: Tomohiro Ohsumi/Bloomberg
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Panasonic Corp. is betting that close to a century of experience making car batteries has prepared it to manufacture a difficult-to-produce next-generation battery championed by Tesla Inc. as the key to unlocking cheaper and more ubiquitous electric vehicles.