Tesla and Panasonic are making money at Gigafactory 1, in talks to expand battery production

The relationship between Tesla and Panasonic has been deteriorating the past few years, but they are apparently back to making money — boosting the relationship and even resulting in talks to expand battery production at Gigafactory Nevada. more&#8230…

Ford updates Mach-E fast charging data

Following practical in-house testing, Ford is updating the fast charging data for the Mustang Mach-E. In the vehicle variant with “Extended Range” battery and rear-wheel drive, the SUV’s charging performance is around 30 per cent higher than the values theoretically determined to date, the car manufacturer reports. Ford tested the four different versions of the […]

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Tesla battery partnership becomes Panasonic’s silver lining amid operating profit drop

The coronavirus pandemic has not been kind to multiple companies across the globe, and Panasonic has been one of its victims. The Japanese consumer electronics giant is no stranger to the effects of the virus, with the company posting a 29% drop in its annual operating profit. Yet despite these results, one aspect of Panasonic’s […]

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