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 the Sydney Energy Forum.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.
2 TWh would need about 1.6 million tonne LCE per year.
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