Japanese automaker Mazda Motor and Tesla’s primary battery cell supplier, Panasonic Energy, are in talks over establishing a battery partnership to power Mazda’s future EVs.
Mazda and Panasonic discuss EV battery partnership
The business leaders revealed Wednesday that they are discussing establishing a medium-to-long-term partnership to “meet demand for battery EVs and automotive batteries in a rapidly expanding market.”
Mazda and Panasonic will enter “concrete discussions” for Panasonic to supply Mazda with lithium-ion batteries manufactured at the company’s plants in Japan and North America.
The Japanese automaker plans to deploy EVs with Panasonic batteries, but not until the second half of the decade (likely around 2025 to 2027 or later). Mashiro Moro, who took over as CEO in March, said:
As part of our electrification initiatives, Mazda is working with its partners in three phases to flexibly respond to changes in regulatory trends, consumer needs, and other areas.
Mazda and Panasonic look to build upon the relationship they have built over the years. In 2012, Mazda used Panasonic batteries for its Demio EV (or Mazda 2 as it’s known overseas), an electric car with 200 km (124 mi) driving range, according to the Japanese automaker.
Mazda Demio EV displayed at Mazda Museum, Hiroshima (Source: Mazda)
The news comes after Mazda unveiled a $10.6 billion investment in November designed to accelerate EV production through 2030.
To help the company catch up in the new EV era, Mazda laid out a three-phase approach. The first includes utilizing existing technology, such as that used in its first EV, the MX-30. Mazda will also launch a series of new hybrids in China as it works toward the final phase, including a full-fledged launch of battery EVs and investing in battery production.
Mazda forecasts EVs to represent 25% to 40% by the end of the decade. According to Mazda, a big part of its strategy is “co-creating with others,” such as battery suppliers like Panasonic.
Mazda MX-30 e-SKYACTIV R-EV (Source: Mazda)
Electrek’s Take
The news comes after Japan’s largest automaker, Toyota, revealed a slate of new EV tech, including next-gen batteries, design upgrades to enhance aerodynamics and manufacturing improvements, and more to help transform the company and help it better compete in the electric era.
Mazda (and Toyota) will need to speed up the progress if it expects to compete in the auto industry’s future as it transitions to EVs.
Introducing next-gen EVs in 2025, at the earliest, is still way too late to the game. Many automakers are already achieving double-digit or 100% EV sales. Meanwhile, Mazda is forecasting 25% to 40% by 2030. And including a hybrid phase will only delay the company’s transition further.
Hopefully, with newly elected CEO Moro at the helm, Mazda can turn things around. But they will have to act urgently.
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The electric construction equipment experts at XCMG just released a new, 25 ton electric crawler excavator ahead of bauma 2025 – and they have their eye on the global urban construction, mine operations, and logistical material handling markets.
UPDATE: telematics announcement.
Powered by a high-capacity 400 kWh lithium iron phosphate battery capable of delivering up to 8 hours of continuous operation, the XE215EV electric excavator promises uninterrupted operation at a lower cost of ownership and with even less downtime than its diesel counterparts.
XCMG showed off its latest electric equipment at the December 2024 bauma China, including an updated version of its of its 85-ton autonomous electric mining truck that features a fully cab-less design – meaning there isn’t even a place for an operator to sit, let alone operate. And that’s too bad, because what operator wouldn’t want to experience an electric truck putting down 1070 hp more than 16,000 lb-ft of torque!?
Easy in, easy out
XCMG battery swap crane; via Etrucks New Zealand.
The best part? All of the company’s heavy equipment assets – from excavators to terminal tractors to dump trucks and wheel loaders – all use the same 400 kWh BYD battery packs, Milwaukee tool style. That means an equipment fleet can utilize x number of vehicles with a fraction of the total battery capacity and material needs of other asset brands. That’s not just a smart use of limited materials, it’s a smarter use of energy.
“XCMG remains committed to advancing engineering technology to empower a sustainable future. Our mission is to deliver efficient, intelligent, and eco-friendly lifecycle solutions for global clients,” said Mr. Yang Dongsheng, Chairman of XCMG Group and XCMG Machinery. “Today, 19% of our product portfolio comprises green innovations under our ‘Green Mountain’ new energy line, with full electrification across all series underway.”
On today’s troubling episode of Quick Charge, we explore all the troubles befalling Tesla (and TSLA stock) in the month April – with top executives fleeing the ship, demand plummeting, sales slipping, government incentives at home and abroad under threat, and a raft of receipts brought on by an OpenAI lawsuit hitting the brand, it’s already a bad month for Elon … and there’s still 20 more days to go!
None of this even touches on the $43 million “backlogged” rebate scandal Tesla’s facing in Canada that’s being blamed for people’s negative attitudes about the brand (ha!) or the fact that neither the long-promised Roadster 2.0 or the Tesla Semi will see production anytime this year, either.
The word you’re looking for when you think of Tesla these days is, “cooked.”
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Renewable developer Vesper Energy has cut the ribbon on Hornet Solar in Swisher County, Texas, one of the largest single-phase solar farms in the US.
As Electrek reported in January, the 600-megawatt (MW) Hornet Solar includes over 1.36 million modules covering more than 6 square miles. The project will contribute more than $100 million in new tax revenue to Swisher County and deliver 600 MWac of energy–enough to power 160,000 homes annually.
January 30, 2025: “The seamless coordination between our team and our EPC partner, Blattner, has enabled us to remain ahead of schedule and on budget while ensuring quality throughout the process,” said Juan Suarez, co-CEO of Irving-based Vesper Energy.
Hornet Solar uses bifacial solar panels mounted on a single-axis tracking system to maximize efficiency. The solar farm is connected to Oncor Electric’s transmission system within ERCOT and is contracted to provide power to four off-take partners through individual Virtual Power Purchase Agreements (VPPAs).
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The Hornet Solar project in the Texas Panhandle is on track to be fully online by spring 2025.
Texas is a utility-scale solar leader in the US, with a ranking of No. 2 and 37,713 MW currently installed. It’s projected to install 51,144 MW over the next five years and move into the No. 1 spot, according to the Solar Energy Industries Association (SEIA). The total solar investment in the state is $45.2 billion.
On January 21, the SEIA, Conservative Texans for Energy Innovation (CTEI), Advanced Power Alliance (APA), and the Texas Solar + Storage Association (TSSA) reported that existing and expected utility-scale solar, wind, and battery storage projects will contribute over $20 billion in total tax revenue – and pay Texas landowners $29.5 billion – over the projects’ lifetimes.
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