There have been some rumors recently that Samsung would be making the batteries for the new Tesla Model 3, and now the company’s CEO, Elon Musk, has denied the rumors.
The Tesla CEO announced on Twitter that Panasonic will be the exclusive supplier of the batteries for the Tesla Model 3. You can see the tweet below.
Would like to clarify that Tesla is working exclusively with Panasonic for Model 3 cells. News articles claiming otherwise are incorrect.
— Elon Musk (@elonmusk) June 8, 2016
Panasonic’s Role in Tesla’s Battery Supply Chain
Panasonic has been a long-time partner of Tesla, supplying batteries for its electric vehicles (EVs) for several years. The collaboration between Tesla and Panasonic dates back to the early days of the Tesla Roadster and has continued through the production of the Model S, Model X, and now the Model 3. Panasonic’s expertise in battery technology has been instrumental in helping Tesla achieve its goal of producing high-performance, long-range electric vehicles.
The batteries used in Tesla vehicles are lithium-ion cells, which are known for their high energy density and long cycle life. These batteries are produced at Tesla’s Gigafactory in Nevada, a massive facility that was built in partnership with Panasonic. The Gigafactory is one of the largest buildings in the world by footprint and is designed to produce batteries at a scale that will significantly reduce costs and increase production capacity.
The Significance of the Tesla Model 3
The Tesla Model 3 is expected to launch in 2017, and the car has become incredibly popular since it was made available for pre-order. More than 400,000 people have placed a deposit on the car, making it one of the most anticipated vehicle launches in recent history. The Model 3 is Tesla’s first mass-market electric vehicle, with a starting price of $35,000, making it more affordable than the company’s previous models.
The Model 3 is designed to offer a range of over 200 miles on a single charge, making it a practical option for daily commuting and long-distance travel. It also features advanced technology, including Tesla’s Autopilot system, which provides semi-autonomous driving capabilities. The car’s minimalist interior design, with a large touchscreen display as the central control interface, has also garnered significant attention.
The success of the Model 3 is crucial for Tesla’s long-term growth and profitability. The company aims to produce 500,000 vehicles per year by 2020, and the Model 3 is expected to account for a significant portion of that production. The high demand for the Model 3 has also led Tesla to accelerate its production plans and invest in expanding its manufacturing capabilities.
In addition to its impact on Tesla, the Model 3 is also expected to have a significant influence on the broader automotive industry. The success of the Model 3 could help to accelerate the adoption of electric vehicles and encourage other automakers to invest more heavily in EV technology. This, in turn, could lead to increased competition and innovation in the electric vehicle market, ultimately benefiting consumers.
Source The Verge
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