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Tesla gets Samsung onboard to ramp up production

Thu, 09/05/2013 - 12:05 -- Ruth Williams
The Model S goes global

Tesla Motors is ramping up production of the Model S with the anticipation of sales reaching 21,000 in 2014. The EV manufacturer has sought out a secondary supplier of lithium-ion batteries; Samsung SDI has been announced, alongside existing supplier Panasonic.

The diversification of battery supplier shows that Tesla is confident the Model S will continue to sell in high numbers, that it is strengthening its battery supply to meet the expected numbers. Tesla is testing Samsung SDI’s batteries before the deal is confirmed.

Concurrently, a European Tesla plant has opened in Tilburg, Netherlands, to assemble cars from US-made components for the European market.