Panasonic Energy announces the successful completion of the renovation of its factory in Wakayama City, as it prepares to commence production of the 4680 batteries for vehicles once testing is finalized. The 4680 battery was introduced by Tesla in 2020 with the aim of becoming the standard battery for electric cars in the future, boasting a capacity up to 5 times higher than traditional batteries. However, the actual production process takes a considerable amount of time, reflecting the fluctuating relationship between Panasonic and Tesla over time.
The Wakayama factory will serve as the parent facility for manufacturing the 4680 cells and will also act as a hub for developing new battery technology. The facility spans over 60,000 square meters, and when production is in full swing, it is anticipated to employ around 400 staff members.
TLDR: Panasonic successfully revamps Wakayama factory for manufacturing 4680 batteries in collaboration with Tesla, a cutting-edge technology for electric vehicles.
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