Tesla has a secret plan to make its batteries cheaper, longer-lasting and reusable - Business Insider

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Tesla has a secret plan to make its batteries cheaper, longer-lasting and reusable - Business Insider
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Tesla has a secret plan to make its batteries cheaper, longer-lasting and reusable

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Tesla is working on a battery that is not only cheaper but longer lasting and can be re-used to power homes.Batteries represent an overwhelming fraction of electric vehicles' expense and reducing their cost could be a huge win for anyone able to do it.

Eventually, improved versions of the battery, with greater energy density and storage capacity and even lower cost, will be introduced in additional Tesla vehicles in other markets, including North America, the sources said. Tesla is working on recycling and recovery of such expensive metals as nickel, cobalt and lithium, through its Redwood Materials affiliate, as well as new "second life" applications of electric vehicle batteries in grid storage systems, such as the one Tesla built in South Australia in 2017. The automaker also has said it wants to supply electricity to consumers and businesses, but has not provided details.

Tesla now jointly produces nickel-cobalt-aluminum batteries with Panasonic at a "gigafactory" in Nevada, and buys NMC batteries from LG Chem in China. Panasonic declined to comment. A number of the technical advances made by Tesla and CATL in battery chemistry and design originated at a small research lab at Dalhousie University in Halifax, Nova Scotia. The lab has been run since 1996 by Jeff Dahn, a pioneer in the development of lithium-ion batteries for electric vehicles and grid storage.

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