Skip to main content

Battery supply deal for Tesla?

Electric car maker Tesla looks set to agree new battery supply deals for its vehicles. South Korean company Samsung SDI Japanese firm Panasonic and Chinese automotive company BYD have all been named as suppliers of lithium ion batteries. Whether all three firms will supply batteries to Tesla has not yet been revealed. Testing of a Tesla vehicle with new lithium ion batteries is to start shortly however.
August 28, 2013 Read time: 1 min
Electric car maker 4071 Tesla looks set to agree new battery supply deals for its vehicles. South Korean company Samsung SDI Japanese firm Panasonic and Chinese automotive company 3484 BYD have all been named as suppliers of lithium ion batteries. Whether all three firms will supply batteries to Tesla has not yet been revealed. Testing of a Tesla vehicle with new lithium ion batteries is to start shortly however.

For more information on companies in this article

Related Content

  • Lithium ion battery prices will fall by over one third by 2017, helping drive EV adoption
    March 19, 2012
    According to a recent report from Pike Research, as manufacturing efficiencies improve and access to lithium expands, the installed cost of Li-ion batteries will fall by more than one-third by the end of 2017.
  • Developments in hybrid vehicles
    February 27, 2012
    There is an array of future vehicle solutions in development - Mike Woof reports. Ever since Henry Ford's Model T showed that the motor car could provide transport for ordinary people rather than being an exclusive toy of the rich, vehicle numbers have exploded. In every country around the world, vehicle ownership continues to grow.
  • First pure-EV available for consumers in China
    April 25, 2012
    With public EV charging infrastructure achieving critical mass in the city of Shenzhen, China, BYD has announced that its five-passenger, long-range, all-electric cross-over vehicle, the BYD e6, will be available for consumer purchases (previously available for fleet purchases). Consumers in Shenzhen will receive a substantial government subsidy — equivalent to about US$18,000 – and the final price to consumers will be around US$38,500.
  • Volvo cars are no electric dream
    December 13, 2017
    The recent news that Volvo will stop manufacturing cars powered purely by internal combustion engines and build only electric vehicles or hybrids by 2019 is the most significant announcement in the automotive sector for some years. The market for electric vehicles (EVs) has been growing over time, aided by improvements in battery technology that have boosted range and performance. Nissan Renault and Tesla have made particular gains, the former by developing sophisticated EVs that sit alongside its