Panasonic Corp plans to boost the energy density of '2170' battery cells it supplies to Tesla Inc by 20% in five years and commercialize a cobalt-free version 'in two to three years', the head of its U.S. EV battery business said.
) by 20% in five years and commercialize a cobalt-free version “in two to three years”, the head of its U.S. EV battery business said.
This is the first time Panasonic, a leading cell provider for the world’s top electric vehicle maker Tesla, has outlined these targets, putting down a marker in a highly competitive sector to stay ahead of the game.
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