Panasonic expects to turn a profit on Model 3 battery cells by next year

By Charles Morris Panasonic’s new 2170 Li-ion battery cells, which it manufactures at Tesla’s Gigafactory 1 in Nevada, are a key component of the new Model 3. The Japanese manufacturer says it is now supplying the batteries at a loss, but expects to turn a profit next year.
“For battery cells for the Model …read more