· Tesla and Panasonic reached a battery factory agreement

According to Japan’s Nihon Keizai Shimbun, Japan’s large electrical appliance manufacturer Matsushita Group and US electric vehicle company Tesla have reached a basic agreement on jointly establishing an electric vehicle battery factory in the US for US$5 billion. It is expected that the two companies will The news was officially announced at the end of July.
Under the agreement, the battery factory will be built under the leadership of Tesla, Tesla will be responsible for the construction of the battery plant in the United States and construction costs, and Panasonic will provide the core of the storage of electricity - the production of battery equipment. The battery factory will produce lithium-ion batteries with large output power, and Panasonic will provide battery manufacturing technology and be responsible for employee training.
According to the report, Tesla plans to start the first phase of the project in 2014, and strives to put it into operation around 2017 to provide lithium-ion batteries for Tesla vehicles. In addition, the plant will expand production capacity in phases with demand, with the goal of meeting the battery requirements of 500,000 electric vehicles in 2010.
It is reported that the total investment of this battery factory is 5 billion US dollars, of which Panasonic invested 1 billion US dollars, the initial investment of the latter is expected to be 20 billion to 30 billion yen (about 196 million to 295 million US dollars).
Panasonic is one of Tesla's shareholders and currently supplies batteries for Tesla. According to a revised contract between the two parties in October 2013, Matsushita will supply Tesla with 2 billion batteries between 2014 and 2017.
"Nihon Keizai Shimbun" said that Panasonic has positioned the automotive sector as the backbone of its growth strategy and will accelerate the expansion of its battery business as a core component of eco-cars. Matsushita has said that he hopes to become the only battery manufacturer in the Tesla battery factory.
Because Tesla is only designing battery systems, it does not mass-produce lithium batteries, but instead purchases from some lithium battery suppliers worldwide, which makes the cost of battery systems higher. To reduce battery costs, Tesla announced the "Super Factory" program. According to Reuters, according to the plan, by 2020, the annual production of lithium-ion batteries at the Tesla battery plant will exceed the global lithium-ion battery production in 2013. This is part of Tesla's plan to transform into a mass market automaker. In order to implement the “Super Factory” program, Tesla is currently selecting a site for construction in the United States.
According to the Associated Press, Tesla currently has about 100 super charging stations in North America and Europe, and plans to build more charging stations in China and Japan this year.

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