Panasonic plans to develop a new “anode-free” EV battery within two years, targeting higher energy density for clients like Tesla.

The technology removes the anode during manufacturing and forms a lithium metal anode after the first charge.

Panasonic said this could boost battery capacity by 25%, extending the driving range of vehicles such as the Tesla Model Y by up to 90 miles.

The company is also working to use less nickel to cut material costs, though it did not disclose how the design would affect manufacturing costs or vehicle prices.

Several global battery makers are pursuing similar technology.

The announcement comes as Tesla’s US market share has dropped to its lowest level in nearly eight years, according to Reuters.

🔗 Source: Reuters

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