It’s crunch time at Tesla Inc, where Elon Musk is looking to crack the code for making better, cheaper batteries. | Reuters
If the Austin, Texas-based EV maker is able to work out the performance and process kinks and meet its ambitious production targets, the 4680 ultimately could be the linchpin – rather than choke point – in CEO Musk’s dream of building 20 million vehicles annually by 2030.As part of its efforts, Tesla also has signed a deal with Korea’s L&F Co to supply high-nickel cathodes that could increase the energy density of its 4680 cells, one of the sources said.
In 2022, Musk said he did not expect 4680 batteries would be a “limiting factor for Cybertruck or anything else.” “While execution risk remains and many details are unknown, Tesla’s impact on the global battery industry may still be underestimated,” Morgan Stanley said after investor day. Shoichiro Watanabe, chief technology officer of Panasonic Energy, last month said the company’s new Kansas battery plant will focus initially on 2170 cells, but it will eventually shift 4680 production to North America.
The automaker so far has been able to dry-coat the anode – the negative electrode – but is still having issues with dry-coating the cathode, where the most significant gains are expected to be made, the sources said.
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