Tesla Motors will bring to market a new electric sedan, the Model ‘S’ which will use a top of the line lithium-ion battery provided by their partner, Panasonic Corporation. The collaboration is part of Tesla’s drive to increase the production of the Model S while growing the electric vehicle industry. Over the next four years, Tesla and Panasonic will work together to provide over 8000 electric vehicles with lithium-ion batteries – including 6,000 units of the Model S vehicles starting in 2012. Panasonic has worked hard with the electric car industry over the past few years to get efficiency up and battery weight down. In 2010 they invested US$30 million in Tesla, and they have also developed a high quality battery cell that utilizes nickeltype cathode technology to yield the highest energy density and performance in its class.
Both Panasonic and Tesla are looking to foster the growth of the electric vehicle industry with their continued partnership and to have the Tesla Model S as the leader of sustainable mobility.
