Tesla Supplier Panasonic Showcases EV Battery for Tesla: What You Need to Know

Tesla Supplier Panasonic Showcases EV Battery for Tesla: What You Need to Know
A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, on April 29, 2016. Lucas Jackson/Reuters
Benzinga
Updated:
Tesla supplier Panasonic Corp. showcased its 4680 cylindrical battery that Elon Musk has called the lowest-cost way to power an electric car, the Wall Street Journal reports.

What Happened

The lithium-ion battery, which gets its name from being 46 millimeters in diameter and 80 millimeters high, is more significant than previous battery cells Panasonic has supplied to Tesla.

The battery is around five times the size of those currently used by Tesla, Reuters reports.