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Tesla Motors Plans Tie-Up with Polypore

Tesla Motors, Inc. (TSLA) may join forces with Polypore International Inc. (PPO) for the manufacture of lithium-ion batteries for its electric cars. If successful, the partnership will see Polypore supplying membranes for Tesla’s lithium batteries, which will be produced in the latter’s ‘Gigafactory’, according to media reports.

Tesla is likely to utilize the low-cost Polypore membranes as separators for the electric car batteries as it is the only lithium battery separator in the U.S. in the vicinity of Tesla’s factory. It is estimated that Tesla could account for half of Polypore’s revenues if the deal happens, though exact figures cannot be predicted.

In Feb 2014, Tesla announced its plans to build a large scale factory – Gigafactory – to supply lithium-ion batteries to the company’s Fremont, CA, assembly plant. It expects the factory to provide economies of scale and reduce production costs based on innovative manufacturing techniques, reduced logistic wastes, optimization of co-located processes and lower overhead costs.
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