Exclusive: Panasonic aims to boost energy density in Tesla batteries by 20% – executive

TOKYO (Reuters) – Panasonic Corp (6752.T) plans to boost the energy density of “2170” battery cells it supplies to Tesla Inc (TSLA.O) 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. FILE PHOTO: A logo of Panasonic Corp is pictured… Continue reading Exclusive: Panasonic aims to boost energy density in Tesla batteries by 20% – executive

EXCLUSIVE-Panasonic aims to boost energy density in Tesla batteries by 20% -executive

* To boost energy density in “2170” battery cells in 5 years * Has cut cobalt content to less than 5% in Tesla batteries * Plans to commercialize batteries with no cobalt in 2-3 years * To produce high energy density “2170” cells in Nevada By Makiko Yamazaki TOKYO, July 30 (Reuters) – Panasonic Corp… Continue reading EXCLUSIVE-Panasonic aims to boost energy density in Tesla batteries by 20% -executive

Hero Electric partners Autovert Technologies to introduce subscription-based financing plans

Hero Electric, a leading two- and three-wheeler electric vehicle maker has partnered Bangalore-based fintech start-up Autovert Technologies for seamless alternative ownership models for Hero Electric’s new customers. Under this partnership, Autovert will allow Hero Electric customers to avail for subscription-based plans for an all-inclusive price at the time of a new purchase. The all-inclusive subscription… Continue reading Hero Electric partners Autovert Technologies to introduce subscription-based financing plans