Ars Technic article Tesla announced a new $1,000-$2,500 lithium-ion battery pack for the Model 3, and Panasonic said it would sell batteries for about $300 each.
The announcements come as Panasonic prepares to launch its first lithium-sulfur battery pack next month.
The company’s first battery pack, the Model S-P120, was the first to have a lithium-air battery pack.
The $1.9 million pack will go on sale in early October, with prices ranging from $1 to $3 per kilowatt hour.
The new battery will be used to power the Model X, the company’s highest-end vehicle, and Tesla’s next-generation electric car.
Panasonic said that the Model 2 and 3 will use its new batteries.
Panasonic has been in a tight race to make batteries that are cheaper and more efficient than lithium-iron phosphate (Li-ion).
The batteries will also replace the older lithium-polymer (LiPo) batteries, which are widely used in vehicles and the power grid.
Panasonic and Tesla announced their plans in March 2016, and they are the first two companies to offer lithium-titanium batteries.
Tesla and Panasonic have been in the business of selling batteries for years.
Panasonic currently makes about 10 million batteries a year.
Tesla is currently manufacturing batteries for electric vehicles, and the company is aiming to increase that output.
Panasonic’s announcement is the latest to come out of Panasonic and its efforts to build a lithium battery company.
Tesla and Panasonic announced the battery pack and battery packs for the Tesla Model 3 on Friday, March 1.
The company has been trying to improve the performance of its battery pack since late 2015, and it is using that effort to build the Model Three.
Tesla’s battery packs have improved dramatically over the past two years, according to a report by the Wall Street Journal.
Tesla has now had a production battery pack that was twice as powerful as the previous production battery, which was capable of driving a Model S P100D sedan, and which Tesla announced on Friday.
Tesla will also use the Model III to build batteries for the electric-car maker’s next model, the next-gen Model X.