Panasonic Cobalt Free batteries, page-2

First 2 Last

Share
Profile

Follow
MikeGTR

1,714 Posts.

179

31/05/18

00:01

Post #: 33389377
Share

Originally posted by anf0 ↑

Panasonic has released an announcement stating they’re quickly developing, and will be using cobalt free batteries in the “near future”. They’re working closely with Tesla to get the technology to market. They claim to have already cut cobalt usage significantly in their current batteries.

http://uk.*.com/r-panasonic-plans-to-develop-cobalt-free-car-batteries-2018-5/?r=AU&IR=T

Magnis plans to begin production sometime in 2019 in small scale (1GW). Panasonic will soon be supplying batteries to 5,000 cars per week to Tesla alone.

It is evident that a cobalt free lithium battery will be literally as common as what a regular lithium battery is today. The technology is no longer proprietary (which is what it appears Magnis counted on to a degree, when it comes to selling points).

The tone of Panasonic’s comments suggests there is urgency. I’d bet they get their batteries in cars within months and not years. Assuming they do, Magnis will no longer be “first” in this space with this tech. They’ll be competing one-for-one with the biggest in the industry, who have scale and cost advantages Magnis can never have as a start up.

Expand

You had me laughing at getting their new (almost cobalt free) batteries into cars in coming months.. Firstly they are still developing a complete ZERO cobalt battery which as per the article is still in development and I guess you don't realise how long it takes to test 3,000 cycles not to mention all other tests most importantly safety.

So you can still safely bet we have the upper hand

All IMO and DYOR

MNS Price at posting: 42.0¢ Sentiment: Buy Disclosure: Held
11 Upvote

0 Great analysis

Reply

Top Stories

Acquisitions roundup: European Lithium, Diatreme Resources and SRJ Technologies

AAI

NYSE-listed Alcoa Corp joins ASX through key JV acquisition

Quarterly & half yearly reports: Drives Newmont up, Ampol flat, while Fortescue plunges 2.6%

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

OPL

Opyl forms JV with UK and US consortium to bring products to the world

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas

HXL

Hexima shares rise 66% on proposed acquisition of AI player Real Thing Entertainment