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Mid-Nickel",103.5,99.73,3.78,13.78,6.78,[518,519,520,522,524,526,528,530,532,534,536,538],{"date":213,"value":512},{"date":216,"value":513},{"date":219,"value":521},99.19,{"date":222,"value":523},96.02,{"date":225,"value":525},98.23,{"date":467,"value":527},99.24,{"date":329,"value":529},101.29,{"date":339,"value":531},87.61,{"date":341,"value":533},92.44,{"date":344,"value":535},90.96,{"date":347,"value":537},92.24,{"date":350,"value":539},95.09,{"id":541,"uuid":542,"name":543,"slug":544,"full_slug":545,"content":546,"relatedArticles":663,"relatedVideos":664},112472532892916,"463c53ac-dfc6-4737-aadd-418430ad94c0","Tesla lays down 2 TWh battery challenge to Panasonic","tesla-lays-down-2-twh-battery-challenge-to-panasonic","article/tesla-lays-down-2-twh-battery-challenge-to-panasonic",{"_uid":547,"date":548,"tags":549,"editor":556,"content":566,"excerpt":641,"featured":50,"reporter":642,"_editable":646,"component":647,"seo_title":543,"categories":648,"visibility":655,"author_company":49,"featured_image":656,"seo_description":641,"author_full_name":49,"author_job_title":49,"formattedDate":661,"formattedArticleDate":662},"1f450d14-05f8-4a41-aa63-0bd57439890d","2022-07-15 00:00",[550,553],{"slug":551,"name":552},"panasonic","Panasonic",{"slug":554,"name":555},"tesla","Tesla",[557],{"slug":558,"name":559,"content":560},"didi-bostock","Didi Bostock",{"job_title":561,"image":562,"bio":564,"linkedin":565},"Editor - Energy Transition & Economics",{"filename":563},"https://a.storyblok.com/f/287943243085208/512x512/2c5ca5c1a3/didi-bostock.jpeg","Didi is the Energy Transition & Economics Editor at Benchmark, covering a broad range of markets across the energy transition. His remit spans from downstream sectors such as BESS and EVs, through to midstream such as new technologies and battery production, to upstream critical minerals mining. He also leads on financial analysis across these supply chains, alongside in-depth policy analysis.\n","https://www.linkedin.com/in/didi-bostock-656342198/",{"type":567,"content":568},"doc",[569,576,581,586,591,596,601,606,611,618,623,628,631,636],{"type":570,"attrs":571,"content":572},"paragraph",{"textAlign":49},[573],{"text":574,"type":575},"Panasonic Energy is building a pipeline of 2 terawatt-hours (TWh) of battery and raw material supplies for Tesla as part of a new mandate from the Elon Musk-led company, according to Chief Technology Officer Shoichiro Watanabe.","text",{"type":570,"attrs":577,"content":578},{"textAlign":49},[579],{"text":580,"type":575},"Panasonic will need to build up its battery supply chain including mining to meet the goal, Watanabe said at the Sydney Energy Forum.",{"type":570,"attrs":582,"content":583},{"textAlign":49},[584],{"text":585,"type":575},"The move comes as Panasonic plans to spend $4 billion to build a second gigafactory in Kansas to target growth in the US auto market. The Japanese battery producer is Tesla’s largest supplier due to the Nevada gigafactory, a joint venture with Tesla that has a capacity of 44 GWh, as assessed by Benchmark.",{"type":570,"attrs":587,"content":588},{"textAlign":49},[589],{"text":590,"type":575},"Tesla has said it wants to produce 20 million electric vehicles by the end of the decade, as it aims to become a mass market auto producer. While Tesla aims to make its own batteries, Elon Musk has said that it will still rely on external suppliers.",{"type":570,"attrs":592,"content":593},{"textAlign":49},[594],{"text":595,"type":575},"“Our experience with Tesla is 15 years of experience for battery manufacturing,” Watanabe said. “Firstly, Elon Musk wanted to have 100 gigawatt-hours at that time. It was an amazing challenge for us. So we took the challenge in the Nevada gigafactory where we hired 3,000 people and introduced new  manufacturing.”",{"type":570,"attrs":597,"content":598},{"textAlign":49},[599],{"text":600,"type":575},"“For the next challenge, Tesla wants two terawatt hours of battery manufacturing. It’s an unbelievable scale, so we have to build up more supply chains, mining, everything.”",{"type":570,"attrs":602,"content":603},{"textAlign":49},[604],{"text":605,"type":575},"The executive did not say when Panasonic, Tesla’s first battery supplier, will be able to build the pipeline.",{"type":570,"attrs":607,"content":608},{"textAlign":49},[609],{"text":610,"type":575},"Panasonic said in June it wants to triple or quadruple its capacity in North America by 2029 as it looks to capture some of the growth in the US auto market outside of Tesla.",{"type":612,"attrs":613,"content":615},"heading",{"level":614,"textAlign":49},4,[616],{"text":617,"type":575},"More lithium, nickel and cobalt ",{"type":570,"attrs":619,"content":620},{"textAlign":49},[621],{"text":622,"type":575},"Assuming the 2 TWh mix will be 50% lithium nickel cobalt aluminium oxide (NCA) and 50% NCM high nickel, the raw material implications would be considerable.",{"type":570,"attrs":624,"content":625},{"textAlign":49},[626],{"text":627,"type":575},"On a combined basis would equal 170,000 tonnes of cobalt hydroxide, 1,630,000 tonnes of LCE, 1,660,000 tonnes of nickel and 2,400,000 tonnes of graphite anode, according to Benchmark’s assessment.",{"type":570,"attrs":629,"content":630},{"textAlign":49},[],{"type":570,"attrs":632,"content":633},{"textAlign":49},[634],{"text":635,"type":575},"Panasonic said last month it plans to begin commercial production of Tesla’s larger-format 4680-type cells starting next year at the Wakayama factory in Japan and supply them to the North American market from fiscal year 2024 before it moves production to North America.",{"type":570,"attrs":637,"content":638},{"textAlign":49},[639],{"text":640,"type":575},"Panasonic already has a plant in Spark, Nevada which currently makes the 2170-type cells for Tesla. It has a production capacity of 44 GWh, as assessed by Benchmark.","Panasonic Energy is building a pipeline of 2 terawatt-hours (TWh) of battery and raw material supplies for Tesla as part of a new mandate from the Elon Musk-led company, according to Chief Technology Officer Shoichiro Watanabe. Panasonic will need to build up its battery supply chain including mining to meet the goal, Watanabe said at […]",[643],{"slug":558,"name":559,"content":644},{"job_title":561,"image":645,"bio":564,"linkedin":565},{"filename":563},"\u003C!--#storyblok#{\"name\": \"article\", \"space\": \"\", \"uid\": \"1f450d14-05f8-4a41-aa63-0bd57439890d\", \"id\": \"\"}-->","article",[649,652],{"slug":650,"name":651},"batteries","Batteries",{"slug":653,"name":654},"gigafactories","Battery & Gigafactory","private",{"id":49,"alt":657,"name":657,"focus":657,"title":657,"source":657,"filename":658,"copyright":657,"fieldtype":659,"meta_data":660,"is_external_url":51},"","https://a.storyblok.com/f/287943243085208/19ccaf3907/bm-giga-nevada.webp","asset",{"alt":657,"title":657,"source":657,"copyright":657},"Jul 15, 2022","15th July 2022",[],[],1781195715049]