If electric vehicles are to ultimately become as popular as Tesla hopes they will, then a whole lot of cost-effective batteries are going to be needed. That's why earlier this year, the automaker proposed a "Gigafactory" where it could crank out huge quantities of batteries. By making so many, it could drive down the price per battery via economy of scale. Yesterday, the company announced that it and Panasonic had signed an agreement to build that factory... Continue Reading Tesla and Panasonic sign agreement on battery-making Gigafactory

Section: Automotive

Tags: Batteries, Electric Vehicles, Lithium-ion, Manufacturing, Panasonic, Tesla

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