Panasonic will begin mass producing lithium-ion batteries in 2023 that can grant future Tesla vehicles increased range, per a new report from Nikkei Asia.
According to the publication, these batteries will enable an increased range of over 15 percent, which suggests that a future Model S, Tesla’a current flagship electric vehicle, might be able to travel around 460 miles on a single charge. The maximum range of the current Model S is listed as 396 miles.
“The new battery will be twice as big as older versions, with a fivefold increase in capacity,” Nikkei Asia noted in its coverage. “This will allow car manufacturers to cut down on the number of batteries used in each car, which will also reduce the time taken to fit them in the vehicles.”
“Given its high efficiency, it will cost 10% to 20% less to produce these new batteries, compared with older versions on the basis of capacity.”
Our Next Energy, a Detroit-based startup, is working on a battery that can provide an even longer range of over 750 miles. Mercedes-Benz will also begin mass producing a new electric car this year that can travel over 600 miles on a single charge courtesy of new batteries made by China’s CATL, according to Nikkei Asia.
Source: Nikkei Asia