Panasonic bets on Tesla beer can battery to unlock US$25,000 EVs
River Davis and Yuki Furukawa, Bloomberg News
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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.
Elon Musk, Teslaâs chief executive officer, first unveiled the 4680 battery at Teslaâs Battery Day in September as a âmassive breakthroughâ in cell technology that will make it possible for his company to produce EVs that sell for US$25,000, roughly a third less than Teslaâs most basic Model 3. While Tesla plans to make the cells in-house, it has also asked its oldest battery supplier, Panasonic, to begin producing them as well.
Panasonic bets big on Tesla s beer can battery to unlock $25,000 EVs
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Electric Cars Can Sound Like Anything. That s a Huge Opportunity to Craft the Soundscape of the Future Time 2 hrs ago © Illustration by Ellen Porteus for TIME
Pulling Ford’s new all-electric Mustang Mach-E out of a Brooklyn garage late this winter, I felt a little duped. It seemed more like I was driving a giant motorized iPad than the electrified successor to an iconic American muscle car. Just a few weeks earlier, the company’s sound designers told me about the lengths to which they had gone to design and digitally produce the perfect engine noise, experimenting with recordings of electric guitars, Formula E race-car engine sounds and the hum of high-voltage power lines. But inside the loaner car’s cabin, I didn’t hear anything at all. Then, while messing around on the vehicle’s touchscreen, I found and immediately pressed an all-too-tempting button to engage “unbridled mode.” Next time I hit the accelerator, the car took off, emitting the throaty, electric ro
Mainstream media and the large mining companies are finally catching on to what we at AOTH have been saying for the past two years: the copper market is heading for a severe supply shortage due to a perfect storm of under-exploration/ lack of discovery of new deposits, clashing with a huge increase in demand due to electrification and decarbonization.
Dramatic price rise
Copper is trading over $4.00 a pound this year on rapidly tightening physical markets, rebounding economic growth especially in China, the top metals consumer, and the expectation that the era of low inflation in key economies may soon be over.
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Analysts ‘’Extremely Bullish’’ On China s Electric Vehicle Boom By Tsvetana Paraskova - Mar 10, 2021, 12:00 PM CST
Analysts are growing increasingly bullish on the electric vehicle (EV) market globally and in the world’s largest automotive market, China, amid an increased push from governments to cut emissions and promote green recovery from the pandemic.
Global EV sales jumped last year while the overall passenger car market crashed during the pandemic. Over the coming decades, electric car sales will only rise, driven by government incentives and falling battery costs, analysts say. And China, the biggest auto market, is set to lead the EV sales, thanks to government targets for growing new energy vehicles (NEVs) sales, the competitive market, and the Chinese dominance in the supply chain of battery metals and materials.
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