Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

Must Read

Sayantoni Banerjee
Sayantoni Banerjee
Reader, writer and content creator, with an interest in the arts, media and technology. A passionate polyglot and a socially and politically aware individual who stays in tune with the latest social media and cultural trends in order have a global outlook.

Tesla’s battery partner, Panasonic Corp, seeks to deliver as per the ever-increasing demands for battery cells because of the current Model 3 ramp, by raising its production capacity by 30%. Panasonic has been the exclusive battery partner for the electric car company.

Nikkan Kogyo, a Japanese news agency, reported on this Panasonic update, saying that the company will add 3 new cell production lines in Gigafactory 1 by the end of 20, for producing lithium-ion batteries. This will make the battery manufacturer have 13 lines in their possession, producing for Tesla’s electric cars and battery storage systems.

Also Read

Last year, Tesla had faced obstacles in the production of Model 3 in Gigafactory 1 and the Fremont factory. Tesla was seemingly producing less than 3,000 vehicles per week, according to sources, as of May. Meanwhile, for the Japanese electronics giant, battery production turned out to be slow too.

Tesla reached their target of consistently making 5,000 Model 3 per week during the final week of June, requiring a capacity of 35 GWh per year, which they plan on achieving, with Panasonic. Yet, for them to achieve their Q2 goal, it required Panasonic’s cells made for Tesla household batteries in order to create Model 3 packs. But, Tesla Senior Director of Investor Relations, Aaron Chew, recently mentioned that the company has a new aim of maintaining a stable production rate of 10,000 Model 3 per week, which they are set to achieve by mid-2019. And Panasonic is here to support them for their 5,000-6,000 Model 3 per week, with its improved production capacity. We can also expect more extra upgrades and modifications for Gigafactory 1 soon.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

Panasonic might have plans to invest more in Tesla Gigafactory battery production, and the added funding will go to the $1.6 billion investment they have in the battery factory, as Yoshio Ito said.

Save up to 60% on OptinMonster

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

- Advertisement -
- Advertisement -


Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.


Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.


OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.


- Advertisement -
- Advertisement -