As early as 2023, Panasonic will begin the large-scale manufacturing of its Panasonic EV batteries, which will be made primarily for Tesla vehicles. These batteries are estimated to hold five times the energy capacity of current EV batteries. These batteries, though, will also be physically larger, measuring in at 46mm x 80mm, granting them the common name "4680 battery cells."
These battery cells will be more energy-efficient in terms of their charging ability and their ability to deliver longer maximum distances for the vehicles they are slated in. Tesla has noted that these batteries will increase the travel distance of their vehicles by roughly 16%, though the numbers envisioned by Panasonic and by the direct energy increase of the batteries themselves suggest a number closer to 20%.
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What's Driving This Trend
- Capacity-heavy EV Batteries
- The trend of developing higher capacity EV batteries is disrupting the automotive industry by enabling longer travel distances and reducing dependency on fossil fuels.
- Large-scale Battery Manufacturing
- The trend of large-scale manufacturing of EV batteries is disrupting the battery production industry by enabling more affordable and accessible battery technology for electric vehicles.
- Energy-efficient Battery Technology
- The trend of developing energy-efficient battery technology is disrupting the electronics industry by increasing battery life and reducing the environmental impact of battery production and disposal.
Who This Affects Most
- Automotive Industry
- The automotive industry can benefit from the disruptive innovation opportunities presented by higher capacity EV batteries, which can increase the adoption of electric vehicles and reduce dependency on fossil fuels.
- Battery Production Industry
- The battery production industry can benefit from the disruptive innovation opportunities presented by large-scale manufacturing of EV batteries, which can enable more affordable and accessible battery technology for electric vehicles.
- Electronics Industry
- The electronics industry can benefit from the disruptive innovation opportunities presented by energy-efficient battery technology, which can increase battery life and reduce the environmental impact of battery production and disposal.
