Tesla wants to halve the cost of batteries

Failing to revolutionize the battery, Tesla announced Tuesday a series of technical improvements. They should enable it to halve its production cost and to offer an electric vehicle at $ 25,000 within three years.

‘How many years can we accelerate the adoption of sustainable energy? This is the real measure of success, ‘said Musk. In the face of climate change, ‘we must act,’ he said.

With this in mind, the entrepreneur said he was ‘confident’ in the group’s ability to quickly offer an electric car at $ 25,000 (23,000 francs), a reduction of at least $ 10,000 compared to the basic model that it currently offers for sale.

Achieving this requires reducing the cost of batteries. To do this, Tesla, in a fairly technical presentation, exposed several advances at various stages of battery design: on the design of cells, on the production line, on the use of silicone, on the manufacturing of the cathode and the metals used, and on the integration into the car itself. All this should ultimately make it possible to reduce the production cost of a kilowatt hour by 56%.

Battery as a structural element

Elon Musk ‘hasn’t revolutionized the nature of the battery or the way it works,’ remarks Karl Brauer, analyst for the specialist site iSeeCars. ‘But a more efficient way to produce the battery and to generate and conserve the energy inside the battery.’

The two most interesting things to him are the increased use of silicone, a readily available material, and the use of the battery as a structural part of the car.

Elon Musk has always had in mind to convince drivers to adopt electric vehicles en masse. “We don’t have really cheap cars yet but we will get there,” he said on Tuesday. It remains to be seen whether the amount of $ 25,000 will be enough to convince as many people as they want.

On a parking lot

The event, broadcast live online after the annual general meeting of the company, began with a small quack: no sound on the video presenting the activities of the company to Internet users.

Covid-19 requires, he stood outside, the speakers succeeding on a podium in front of the shareholders who had been able to make the trip, installed at the wheel of a little more than 200 cars of the brand neatly arranged in a large parking lot

Accustomed to media blows, the entrepreneur of South African origin had promised on Twitter on September 11 that he would lift the veil on ‘many exciting things’ during this event, which has already been postponed several times.

Tesla is keen to play the leading roles in batteries, the key element for the future of electric vehicles, in order to increase its lead over other car manufacturers, which still derive the majority of their revenues from vehicles with thermal engines ( diesel or gasoline).

Mr. Musk had, however, calmed the enthusiasm of the most enthusiastic Monday evening by stressing that the innovations presented would not reach ‘real mass production before 2022’.

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