Tesla Plans Four New Batteries in 2026, Including for Robotaxi

FILE PHOTO: A staff member attends to customers inside a Tesla Model Y car at a showroom of the US electric vehicle (EV) maker in Beijing, China, Feb. 4, 2023. REUTERS/Florence Lo/File Photo
FILE PHOTO: A staff member attends to customers inside a Tesla Model Y car at a showroom of the US electric vehicle (EV) maker in Beijing, China, Feb. 4, 2023. REUTERS/Florence Lo/File Photo
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Tesla Plans Four New Batteries in 2026, Including for Robotaxi

FILE PHOTO: A staff member attends to customers inside a Tesla Model Y car at a showroom of the US electric vehicle (EV) maker in Beijing, China, Feb. 4, 2023. REUTERS/Florence Lo/File Photo
FILE PHOTO: A staff member attends to customers inside a Tesla Model Y car at a showroom of the US electric vehicle (EV) maker in Beijing, China, Feb. 4, 2023. REUTERS/Florence Lo/File Photo

Tesla plans to design four new versions of its in-house battery to power the Cybertruck, its forthcoming robotaxi and other electric vehicles, the Information reported on Thursday, citing people with knowledge of its plans.

The Elon Musk-led firm currently sources most of its EV batteries from other companies, including Panasonic Energy and LG Energy but has been trying to ramp up production of its 4680 battery cells in the United States to lower costs and boost margins.

The development of the 4680 battery has been facing troubles, with the company losing 70% to 80% of the cathodes in test production compared with conventional battery makers, which lose fewer than 2% of their components to manufacturing defects, the report said.

Cathodes, a key part of the battery, helps in creating energy that propels an EV, Reuters reported.

The company has also been trying to scale production of dry-coated version of the 4680 cells but has been struggling with the speed at which they can make the batteries, Reuters had reported last year.

Tesla is planning to introduce the dry cathodes in Cybertruck batteries by the middle of next year, the Information report said, adding that the company plans to make between 2,000 and 3,000 Cybertrucks a week using the dry-coating technology.

By 2026, Tesla plans to introduce four versions of the 4680 that use the dry cathode, one of which, code-named NC05, will power the robotaxi, according to the report.

The EV maker is expected to unveil its long-awaited robotaxi product next week as it looks to shift its focus to AI-powered autonomous technology amid slowing demand for battery-powered cars.



Huawei's Meng Wanzhou Takes Over as Rotating Chairperson

FILE PHOTO: Meng Wanzhou, Huawei's rotating chairperson and chief financial officer, speaks at the Mobile World Congress in Shanghai, China June 28, 2023. REUTERS/Nicoco Chan/File Photo
FILE PHOTO: Meng Wanzhou, Huawei's rotating chairperson and chief financial officer, speaks at the Mobile World Congress in Shanghai, China June 28, 2023. REUTERS/Nicoco Chan/File Photo
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Huawei's Meng Wanzhou Takes Over as Rotating Chairperson

FILE PHOTO: Meng Wanzhou, Huawei's rotating chairperson and chief financial officer, speaks at the Mobile World Congress in Shanghai, China June 28, 2023. REUTERS/Nicoco Chan/File Photo
FILE PHOTO: Meng Wanzhou, Huawei's rotating chairperson and chief financial officer, speaks at the Mobile World Congress in Shanghai, China June 28, 2023. REUTERS/Nicoco Chan/File Photo

Meng Wanzhou on Tuesday took over from Eric Xu as the rotating chairperson of China's Huawei Technologies for the next six months, the Shenzhen-based telecoms giant and smartphone maker said.
Meng, who is also the daughter of Huawei's founder Ren Zhengfei, will also continue to serve as the company's chief financial officer concurrently, Reuters reported.
The 52-year-old is taking the reins at a time when Huawei is going head-to-head with rival Apple over smartphone sales. Both companies launched their latest devices on the same day in September, with Huawei rolling out a premium tri-fold phone that costs $2,800.
Meng, described as the "Princess of Huawei" by Chinese media, was caught up in an extradition drama several years ago.
She was detained in Vancouver in December 2018 after a New York court issued an arrest warrant, saying Meng had tried to cover up attempts by Huawei-linked companies to sell equipment to Iran in breach of US sanctions.
Meng was allowed to return to China in September 2021 after reaching an agreement with US prosecutors to end a bank fraud case against her.