Drive Sustainable!

Drive Sustainable!
Our club members drive all kinds of EVs (Teslas, BMWs, Jaguars, Leafs, Bolts, Fords, Audis, electric bikes...)

Friday, January 22, 2016

Panasonic investing over a billion $ in the Gigafactory

When completed, Tesla's Gigafactory will manufacture more batteries than the world makes right now. Panasonic, the current sub-contractor that supplies Tesla with batteries, is investing in the factory. This surprises me, as it implies that Panasonic will somehow benefit from the Gigafactory's output. I assumed that Tesla would cancel any outside supplier of batteries and use its own production to cut costs.

Read the article here:

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